The State Bank of India (SBI), as the largest public sector bank in India, adheres to various acts, regulations, and internal policies that govern its workforce. These cover key aspects like salary, employment rules, pension schemes, and retirement benefits to ensure fairness and compliance with legal standards. Below are the primary acts and rules associated with SBI employees:
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- The State Bank of India Act, 1955
- State Bank (Compensation on Imperial Bank shares) Rules, 1955
- State Bank of India (Appointment of Employee Directors) Rules, 1974
- State Bank of India Administrator (Salary and Allowances) Rules, 2013
- State Bank of India Committee (Procedure) Rules, 2013
- State Bank of India (Appointment of Employee Directors) Amendment Rules, 2008
- State Bank of India General Regulations, 1955
- State Bank of India Employees’ Pension Fund Regulations,2014
- State Bank of India Employees’ Provident Fund Regulations, 2015
- State Bank of India Employees’ Pension Fund Amendment Regulations, 2017
I would like to know about updation of pension and 100%
neutralisation.