Improvement of retirement age of PSU Bank Officers

Improvement of retirement age of PSU Bank Officers The CEO&MD and DMD of Industrial Finance Corporation of India Ltd. (IFCI Ltd.) were appointed with effect from 12.12.2013 for a period of three years. IFCI became a Government Company with effect from 07.04.2015. The Appointments Committee of Cabinet has approved the continuation of CEO&MD and DMD … Read more

7th Pay Commission may also raise salary-levels of PSU employees

7th Pay Commission may also raise salary-levels of PSU employees Early Retirement for Shoddy Job, Variable Pay to Shock Government Staff Five to six per cent annual pay hike of Central Government employees is likely to be linked to tangible performance criterion. Under-performers are likely to be retired by 55 or 30 years of service, … Read more