Showing posts with label RBI Governor. Show all posts
Showing posts with label RBI Governor. Show all posts

Tuesday 4 April 2017

RBI Governor gets pay hike; monthly basic jumps to Rs 2.5 lakh

New Delhi: RBI Governor Urjit Patel and his appointees have a major pay climb with the administration dramatically increasing their fundamental compensation to Rs 2.5 lakh and Rs 2.25 lakh for each month, separately.

till, their pay rates are much lower than the top officials of different banks directed by the RBI.

The month to month remittances of these top RBI authorities incorporate 'fundamental pay', dearness stipend and 'different installments', which totalled Rs 2,09,500 in the event of Patel as on November 30, 2016, according to the most recent data uncovered on the RBI site.

Because of an inquiry under the Right to Information (RTI) Act, the national bank revealed that according to a Finance Ministry correspondence, dated February 21, the essential pay of the Governor and Deputy Governors have been modified. Bulk whatsapp sms service provider

Taking after the modification, the essential pay of the Governor stands expanded to Rs 2,50,000 every month while the same for a Deputy Governor would be Rs 2,25,000, RBI said.

The compensation climb is "with impact from January 1, 2016".

Source:- Zeenews