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Following the revision, the basic pay of the Governor stands increased to Rs 2,50,000 per month while the same for a Deputy Governor would be Rs 2,25,000, RBI said. Also Read: RBI to introduce new Rs 10 notes with more security soon. RBI governor Urjit Patel and his deputies have got a big pay hike with the government more than doubling their basic salary to Rs 2.5 lakh and Rs 2.25 lakh per month, respectively. BNAT; Classes. Aug 21 2020, 11:48 PM Aug 21 2020, 11:48 PM August 21 2020, 11:48 PM August 21 2020, 11:48 PM The Cabinet Secretary-headed panel on Friday interviewed eight candidates for the post of Reserve Bank of India deputy governor which fell vacant in March after NS Vishwanathan demitted office on health grounds, three months ahead of the end of his extended tenure. Dearness Allowance. His salary was raised to Rs 2.09 lakh from Rs 2.04 lakh in January 2016. Given below is the detailed RBI Grade B Salary 2020: The income gradually increases with time and experience in the job. 2, had taken charge as a deputy governor in April 2017. RBI governor Urjit Patel and his deputies have got a big pay hike, with the government more than doubling their basic salary to Rs 2.5 lakh and Rs 2.25 lakh per month, respectively. The RBI's other three Deputy Governors are BP Kanungo, MK Jain and Michael Debabrata Patra. Dearness Allowance would be 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," the RTI reply said. The deputy governor gets a fixed salary of Rs 2.25 lakh per month … The increase in the basic itself would take his gross pay to nearly Rs 3.70 lakh. RBI Grade B Salary per month in India (inclusive of HRA, DA, Medical and other Allowances). The deputy governor gets a fixed salary of Rs 2.25 lakh per month plus allowances. The RBI Governor salary is Rs. RBI Grade B Salary Increments. His salary was raised to Rs 2.09 lakh from Rs 2.04 lakh in January 2016. For such allowances, in hand salary, a candidate must prepare for the exam with proper knowledge of concepts as per RBI Grade B Syllabus. Dearness allowance would be 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”, the RTI reply said. Earlier this year, the government extended Kanungo's tenure by a year with effect from April 3, 2020. The monthly emoluments of these top RBI officials include 'basic pay', dearness allowance and 'other payments', which totaled Rs 2,09,500 in case of Patel as on November 30, 2016, as per the latest information disclosed on the RBI website. The "basic pay of the Governor and Deputy Governors" have been revised retrospectively with effect from January 1, 2016 and marks a huge jump from Rs 90,000 basic pay so far drawn by the Governor and Rs 80,000 for his … With the earlier basic pay of Rs 90,000, Patel got a DA of Rs 1,12,500 and ‘other payments’ of Rs 7,000 -- totalling to a gross pay of Rs 2,09,500. The deputy governor gets a fixed salary of Rs 2.25 lakh per month plus allowances. The RBI Grade B salary range is between INR 35,150 to INR 62,400. Still, their salaries are much lower than the top executives of various banks regulated by the RBI. Acharya took charge in January this year. Updated on - Sep 25th, 2020 | 05:24 PM by Rahil. Including DA and other allowances, it would go up to 53k. Salary of deputy RBI governors As per RTI Act, RBI Governor D Subbarao got a gross salary of Rs 1,28500 in the month of June 2010. Kanungo, whose term was to end on Apr. IBPS PO 2020- Notification, Salary, Job Profile, Career Growth. RBI Governor Urjit Patel and his deputies have got a big pay hike as the government increased their basic salary to Rs 2.5 lakh and Rs 2.25 lakh per month, respectively. His salary was revised to Rs 1.78 lakh and Rs 1.87 lakh, respectively, during 2014 and March 2015. The annual reimbursement amount is approximately INR 4000 per month. All the Officers selected through RBI Grade B 2020 Exam will receive an annual salary range of 12-14 Lac. Rajan assumed RBI governorship from September 5, 2013 at a monthly salary of Rs 1.69 lakh. At present, the RBI has three deputy governors -- B P Kanungo, M K Jain and Michael Debabrata Patra. Delhi, Mumbai, The “basic pay of the governor and deputy governors” have been revised retrospectively with effect from January 1, 2016 and marks a huge jump from Rs 90,000 basic pay so far drawn by the governor and Rs 80,000 for his deputies. Reserve Bank of India Governor Salary – 128,000 Rs Per Month Communications adviser in the PMO in India Salary – 130,000 Rs Per Month OSD in PMO office in India Salary – 144,000 Rs Per Month For October — the first full month Patel was in office as governor — Patel got Rs 2.09 lakh as his salary, the same amount drawn by Rajan in August. NCERT Books. The annual earnings range from $70,000 (in Maine) to $201,680 (in California). It was not clear whether Rajan, who left RBI on September 4, 2016, would be eligible for arrears as the basic pay for Governor has been revised retrospectively while covering little more than nine months of his tenure. 24/7 Wall Street ranked the salaries of all 50 governors and found California pays Governor Newsom $201,680, and that will increase to around $210,000 in … Salary per month (Basic Pay) Other emoluments & allowances 1 President ₹ 500,000 (US$7,000) + Other allowances fixed to President of India. The deputy governor gets a fixed salary of Rs 2.25 lakh per month … Following the revision, the basic pay of the governor stands increased to Rs 2,50,000 per month while the same for a deputy governor would be Rs 2,25,000, RBI said. Rs 35,150. Thank you for subscribing to our daily newsletter. Along with the CTC, various emoluments & allowances are given. The deputy governor gets a fixed salary of Rs 2.25 lakh per month plus allowances. Patel, who took over the reins of the central bank in September 2016, had received a salary of Rs 2.09 lakh inOctober -- the first full month in office. Chennai, Basic Pay as per RBI Grade B Officer 2020 salary. The payscale is s. 35150 – 1750 (9) – 50900 – EB – 1750 (2) – 54400 – 2000 (4) – 62400. Earlier this year, the government extended Kanungo’s tenure by a year with effect from April 3, 2020. First Published : 02 Apr 2017, 04:41:00 PM, India gets support of neighbourhood nations against China, Dev Diwali : Glance over PM Modi's dream of Kashi turning Kyoto. Currently, RBI has four deputy governors -- R Gandhi, S S Mundra, N S Vishwanathan and Viral V Acharya. The monthly emoluments of these top RBI officials include ‘basic pay’, dearness allowance and ‘other payments’, which totalled Rs 2,09,500 in case of Patel as on November 30, 2016, as per the latest information disclosed on the RBI website. Kanungo, whose term was to end on April 2, had taken charge as a deputy governor in April 2017. With the earlier basic pay of Rs 90,000, Patel got a DA ofRs 1,12,500 and 'other payments' of Rs 7,000 -- totaling to a gross pay of Rs 2,09,500. RBI Grade B Salary & Perks. RBI governor Urjit Patel and his deputies have got a big pay hike, with the government more than doubling their basic salary to Rs 2.5 lakh and Rs 2.25 lakh per month, respectively. Initial Monthly RBI Grade B Officer Gross Emolument. RBI not just offers job security, respect and a designation that many wish to attain, but also provides perks and allowances that act as an added advantage to the job profile. Rajan assumed RBI governorship from September 5, 2013 at a monthly salary of Rs 1.69 lakh. New Delhi: A search panel headed by the cabinet secretary is scheduled to interview eight shortlisted candidates on July 23 for the post of RBI deputy governor, sources said.The post had fallen vacant after senior-most deputy governor N S Vishwanathan demitted office three months ahead of his extended tenure on March 31 on health grounds after serving the monetary authority for 39 years. The basic pay of an RBI Grade B Officer is Rs 35,150 per month and the gross pay is Rs 77,208 per month. At the end of November last year, Gandhi, Mundra and Vishwanathan were taking home a basic pay of Rs 80,000 per month. RBI Grade B Notification And RBI Exam Date. Chicago to Mumbai and back Reportedly, Rajan cost the RBI ₹61.2 lacs in salaries and a whopping ₹71 lakhs in the transportation of his household goods from Chicago in Illinois to Mumbai in Maharashtra and back. Kolkata, Noida, Gurgaon, 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400. https://www.hindustantimes.com/india-news/rbi-governor-urjit-patel-s-monthly-salary-hiked-from-rs-90-000-to-rs-2-5-lakh/story-MW5XEMhKWzssCnKZwccb2O.html, RBI guv Urjit Patel’s basic salary hiked by over 100%to Rs 2.5 lakh per month, https://www.hindustantimes.com/india-news/november-was-coldest-in-71-years-shows-imd-data/story-O5gohBY8vkTiylJWcOYoiM.html, November was coldest in 71 years, shows IMD data, https://www.hindustantimes.com/india-news/love-jihad-law-goes-against-freedom-of-choice-lokur/story-Y07QJ3XfMYrCYxl272CmMO.html, ‘Love jihad’ law goes against freedom of choice: Lokur, https://www.hindustantimes.com/india-news/polio-bcg-infra-to-power-vaccine-plan/story-04qYO8wawfaQylWPr3AGBN.html, https://www.hindustantimes.com/india-news/pm-s-fresh-appeal-but-farmers-harden-stand/story-KVVnxuYdtKH0mUTYwLmvHJ.html, PM’s fresh appeal but farmers harden stand. 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