ReferIndia News Government Greenlights Wage and Pension Revisions for Financial Sector Employees

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Government Greenlights Wage and Pension Revisions for Financial Sector Employees

Published on: Jan. 23, 2026, 11:46 a.m. | Source: Devdiscourse

The central government has approved wage revisions for PSU General Insurance companies and NABARD, along with pension adjustments for RBI and NABARD retirees, benefiting over 46,000 employees and pensioners. The revisions are expected to have significant financial implications, effective from late 2022, totaling an output of Rs 2,696.82 crore.

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