RBI Governor’s basic salary hiked to Rs.2.50lakh

Sunday, April 2, 2017
New Delhi

The Reserve Bank of India Governor and his deputies have received a salary increase with the government more than doubling their basic salary to Rs.2.50 lakh and Rs.2.25 lakh a month.

The basic pay of the Governor and Deputy Governors have been revised retrospectively with effect from January 1, 2016 from the existing Rs.90,000 basic pay and Rs.80,000 basic pay by the Deputy Governors. The Dearness Allowance is notified by the Central government from time to time while all other allowances are to be paid at existing rates as if the pay has not been received with effect from January 1, 2016.

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