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Allow RBI to open option to CPF optees – Statutoriastion of Staff Regulations not needed!

The Committee, therefore, feel that statutorising the service Regulations under section 58 of
the RBI Act instead of allowing them to continue under Section 7 is likely to have an adverse impact on the overall freedom available to RBI besides causing procedural delays and urge the Government that the RBI (Staff) Regulations, 1948 may continued to be framed under Section 7 of the RBI Act, 1934.

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Samadhan-Glitches

Samadhan, since its introduction in RBI  more than a year back,  continues to  suffer from various glitches. This has  put the RBI Employees/pensioners in deep disappointment. A computer glitch is the failure of a system, usually containing a computing device, to complete its functions or to perform them properly. Although  short-lived, Glitches can also be…

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RBI-Medical Assistance Fund Scheme (MAFS)-GMP (2016-17) for RBI retirees renewed with United India Insurance co.

The earlier cashless Medi claim policy with the private sector company – IFFCO TOKIO– expired on August 14, 2016. RBI has ,now, renewed the policy for a period of one year (15-8-16 to 14-8-17)  with United India Insurance Co. Ltd.(UIIC). There is a change in the Grade-wise limit for ICU, room/bed charges, sum  insured per hospitalization. There…

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EMPANELMENT OF RETIRED BANK / RBI OFFICERS AS FIELD MANAGERS FOR SURVEY OF BANK BRANCHES ON CODE COMPLIANCE, 2016

 Banking Codes and Standards Board of India (BC & SBI) is to empanel Retired Bank officer  (Chief Manager)/RBI Officers (DGM, AGM, Or Equivalent) as Authorised Field Officers. View/Download Details & Format For Submitting Resume. Some of the Basic requirements are: * Qualification: Retired Bank Officer / RBI Officer. * Designation/ Grade at the time of…

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Holiday Homes facility -RBI Retirees debarred on weekends

Thus, the decision to restrict the visit of retirees is regressive. It seems to represent a thinking where the senior citizens are considered as dead wood, not requiring any comfort vis-à-vis working employees. Please do not forget that all working employees will be retired employees, one day in future.