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Thursday, August 21, 2014

Reserve Bank: Demand for Interim Relief

General Secretary, AIRBIOPF,  has written a letter to Governor , Shri  Raghuram Rajan requesting for interim relief till pension is updated.
RBI Governor Raghuram Rajan
RBI Governor Raghuram Rajan
In   letter dated 16th August 2014  he says :
"It is also earnestly requested to grant interim relief to the retirees till the final order of updation of pension is  received from the Govt."
The letter also says: " it is also gathered that the formal letter of approval from the Ministry of Finance, Govt. of India for the amendment to pension regulation clause 2(2) is yet to be received by the Bank. More than three months have elapsed since the letter of acceptance of the conditions has been sent by Reserve Bank of India to Ministry of Finance, Govt. of India."
General Secretary, Adv. Ramesh Aherrao, while appreciating the graciousness of the Governor, has requested him to take  the final few steps so that the updation of pension is effected .