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The pay scales of employees in Public Sector Banks (PSBs) are determined as per the agreement between the management and Associations/Unions every five years. Besides the pay, employees in banks are also entitled to a number of other allowances and benefits. The pay scale of the Central Government employees are finalised by Government taking the recommendations of Central Pay Commission into consideration and these pay scales are reviewed generally after ten years. The terms and conditions of service of Central Government employees and Bank employees are entirely different and are regulated in terms of the respective service conditions. Hence, no comparison can be drawn between pay structure of Central Government employees and of bank employees.
🕑 28 Oct, 2025 04:46 PM
8th Pay Commission constituted. ToR Approved, Effectively Jan 2026
🕑 02 Jul, 2025 10:03 AM
Commutation Relief In Sight? Panel Likely To Review 15-Year Deduction Rule
🕑 12 Jun, 2025 08:12 AM
8th Pay Commission: Uncertainty Looms as Employees Await Terms of Reference
🕑 24 Apr, 2025 10:21 PM
Staff Side constitutes panel for drafting memorandum to 8th CPC when formed
🕑 24 Apr, 2025 10:17 PM
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🕑 09 Apr, 2025 10:27 AM
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🕑 09 Jun, 2025 08:25 AM
π’ UPS vs NPS: The Retirement Dilemma Facing 27 Lakh Government Employees
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🕑 30 Mar, 2025 11:01 AM
8th Pay Commission implementation may get delayed till 2027 β Hereβs why
🕑 27 Mar, 2025 10:25 PM
7th CPC wanted a permanent pay panel, end DA revision twice
🕑 27 Mar, 2025 08:43 AM
8th Pay Commission: What Kind Of Salary Hike Can Be Staff Expected?
🕑 20 Mar, 2025 08:24 AM
Why the commuted pension is restored after 15 years, not 12 years
🕑 17 Mar, 2025 08:37 AM
π Expected Dearness Allowance (DA) from January 2026 Calculator