MUMBAI, India, April 30 -- Reserve Bank of India issued the following notification:
RBI/DGBA/2026-27/399
CO.DGBA.GBD.No.S43/31.02.007/2026-27
April 30, 2026
Reserve Bank of India [Disbursement of Government Pension by Agency Banks (ABs)] Directions, 2026
Table of Contents Chapter I - Preliminary A. Short Title and Commencement B. Applicability C. Definitions Chapter II - Implementation of Government Orders A. Government Orders on Dearness Relief (DR), etc., available on its website B. Prompt implementation of Government's Orders by ABs C. Timing of pension disbursement by ABs Chapter III - Refund of excess pension payment to Government A. Excess pension payment due to error on part of ABs B. Excess pension payment due to error on par...