RBI staff 'are grossly underpaid'

The Reserve Bank of India's Officers Association (RBIOA) has demanded that pay be linked to other central banks, saying a tiger must be compared with a tiger.

Commenting on the pay aspect, RBIOA general secretary SN Mohanty told India's Financial Express: "You have to compare a tiger with a tiger, not a tiger with a lamb!"

The RBI had emphasised the need for delinking RBI pay from the banking industry and justifiably opt for external linkages only with "comparable central banks" elsewhere, and the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: