No Comparison between pay Structure of Central Government Employees and of Bank Employees

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..... No Comparison between pay Structure of Central Government Employees and of Bank Employees
News and Press Release
Dated:- 30-11-2012

Press Information Bureau Government of India Ministr .....

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..... y of Finance 30-November-2012 15:33 IST 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. .....

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..... 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 recommenda .....

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..... tions 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 a .....

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..... re 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. T .....

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..... his was stated by the Minister of State for Finance, Shri Namo Narain Meena in a written reply to a question in the Lok Sabha today. ****** DSM/RS/ka
News - Press release - PIB .....

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