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RBI WAGE REVISION
India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tankThe economic horizon of India is clouded by a dual predicament characterized by a lack of financial resources and innovative ideas. While r...
RBI officers seek governor's intervention to correct promotion policyRBI officers are protesting recent changes to the promotion policy. The Reserve Bank of India Officers' Association has written to the Gove...
SBI cards sells Rs 1,800-crore bad loans to Integro FinservSBI Cards has taken a bold step in fortifying its financial health by offloading a considerable portion of its stressed credit card debt, v...
Repo rate hike not on the cards, for now, says Ram Singh, external member of MPCMonetary Policy Committee member Ram Singh outlines the conditions for second-round inflation effects. He expects the West Asia conflict to...
Violent demand can't push better wagesIn Delhi-NCR, tensions among workers have reignited as protests over rights and pay escalate. This vital economic hub not only draws intern...
RBI pension revision: NABARD, PSGIC employees and pensioners to get higher payoutsThe central government has approved significant wage and pension revisions for employees and pensioners of Public Sector General Insurance ...
Govt approves wage, pension revision for PSU insurers, RBI and Nabard employeesThe government has approved wage revisions for public sector general insurance employees and Nabard staff, with a 12.41% hike for insurers ...
Govt approves wage revision of PSU general insurers, NABARD, RBI employees, pensionersThe central government has approved significant wage and pension revisions. This benefits over 46,000 employees and 23,000 pensioners acros...
$50 billion boost coming for India with wage revisions in 2026India is set to experience a $50 billion increase in consumption and savings from the 8th Central Pay Commission's wage revision for govern...
Amid calls for 5-day week in banks, IBA invites employee unions for signing of wage settlementThe Indian Banks Association (IBA) has extended an invitation to bank unions to participate in the signing of the wage revision settlement ...
Bank strike: No role in management-staff disputes, RBI to GujaratThe RBI was responding to a PIL seeking the HC's direction to the central bank to direct banks to take action against their employees for j...
Public sector banks to remain closed on 2nd, 4th SaturdaysBanks, however, will work full-day on remaining Saturdays. At present banks work half-day on Saturdays.
Labour Bureau to revise outdated wage, price indicesThe Labour Bureau has woken up to the need to revise wage and price indices, some of which have not been changed for almost half a century.
Staff strike hits bank operations across IndiaBanking operations were affected on Wednesday as employees observed a one-day strike demanding early wage settlement and protesting against...
- Finance Minister Pranab Mukherjee to resolve wage revision issue of IDBI staff
Finance Minister Pranab Mukherjee today said he would make efforts to resolve the issue of wage revision in IDBI.
- Banks may get to spread 10K crore pension liability over many years
Public-sector banks may be allowed to expense their more than 10,000-crore potential pension liabilities over many years, sparing them from...
- In a first, RBI alerts finance min of proposed staff pay hike
A recent turn of events indicates that the regulator will need the prior approval of the finance ministry to implement salary revisions for...