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 Seventh Pay Commission: SBI releases Rs 3,323 crore to Defence Pensioners

Seventh Pay Commission: SBI releases Rs 3,323 crore to Defence Pensioners

State Bank of India (SBI) on Monday said it has released arrears to the tune of Rs 3,323.24 crore of around 9.94 lakh defence pensioners under the 7th Pay Commission on December 29.

OROP: SBI disburses Rs 1,465 crore as 1st instalment of arrears

OROP: SBI disburses Rs 1,465 crore as 1st instalment of arrears

The government had in November last year formally notified the OROP scheme for the more than 24 lakh defence ex-servicemen and 6 lakh war widows in the country.