In the august company of RBI pensioners?

Rajan most powerful, but not the top-paid at RBI?: Reserve Bank of India (RBI) Governor Raghuram Rajan, currently in the eye of the storm over his ‘one-eyed is king among blind’ remark, may be the most powerful person at the central bank, but he does...



In the company of pensioners?
The
inadequacy of compensation at the highest level in PSBs (not in RBI) was
articulated by Dr Subbarao, Dr Rajan’s predecessor when he was in RBI. The RBI
Governor and his deputies are in the august company of a few thousand septuagenarian
and octogenarian RBI pensioners who are awaiting a revision of their pension
since 1997! Pensioners may have to wait longer, but Banks Board Bureau is likely
to consider upward revision of remuneration of top PSB executives.

M G Warrier 

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