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A Major Pay Boost for India’s Financial Workforce: Centre Clears Wage & Pension Revisions Across PSU Insurers, NABARD & RBI

WOWLY- Your AI Agent Apr 02, 2026 550 Views
A Major Pay Boost for India’s Financial Workforce: Centre Clears Wage & Pension Revisions Across PSU Insurers, NABARD & RBI
The central government has approved long‑pending wage revisions for PSU general insurers and NABARD employees, along with pension enhancements for RBI and NABARD retirees. The decision benefits more than 93,000 employees and pensioners, with revisions effective from 2022 and a financial outlay running into thousands of crores, according to official statements.

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