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Govt approves wage and pension hikes for PSGICS, NABARD and RBI
The Business Guardian
|January 24, 2026
The Central Government has officially approved wage and pension revisions for employees and retirees of Public Sector General Insurance Companies (PSGICs), the National Bank for Agriculture and Rural Development (NABARD), and the Reserve Bank of India (RBI).
This decision is expected to benefit approximately 46,322 employees and over 46,000 pensioners and family pensioners across these institutions. According to the government, the move “reflects Government’s continued commitment and emphasis on social security and
This story is from the January 24, 2026 edition of The Business Guardian.
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