Union finance minister Nirmala Sitharaman on Wednesday addressed the media on the annual performance review of the public sector banks (PSBs). DFS Secretary Debashish Panda announced the hike in pension payout to bank employees. Family members of deceased PSB bankers will now get pension of 30% of last drawn salary as against earlier Rs 9,284, said DFS Secy.
Govt hikes pension payout for families of deceased PSB bankers to 30% of last drawn salary - Economic Times
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