The RBI has directed banks to pay 8% annual interest on delayed pension payments to government employees and ensure automatic ...

The Department of Pension and Pensioners Welfare has issued a circular asking the departments and ministry to ask their ...

Reserve Bank of India (RBI) has issued an updated Master Circular on the disbursement of government pensions by agency banks, consolidating instructions up to March 31, 2025. This circular outlines ...

According to the RBI circular, banks responsible for pension payments are required to provide compensation to pensioners for ...