Central Government approves the Wage Revision as well as Pension Revision for the employees and pensioners of PSGICs, NABARD and RBI

• Cabinet-level approval by the Ministry of Finance for wage revision at Public Sector General Insurance Companies (PSGICs) and NABARD, and pension revision at RBI and NABARD.
• Beneficiaries: ~46,322 employees, 23,570 pensioners, 23,260 family pensioners across the three institutions.
• UPSC relevance: tests overlap of financial sector institutions (RBI, NABARD, PSGICs), labour/wage policy, and Centre–PSU compensation framework — recurring GS-II/GS-III hook.