BANK WISE EXPECTED PLI FY 2023-24 | ||
SL | BANK NAME | PLI (EXPECTED) |
1 | Bank of Baroda | 15 DAYS PLI |
2 | Bank of India | 5 DAYS PLI |
3 | Bank of Maharashtra | 15 DAYS PLI |
4 | Canara Bank | 10 DAYS PLI |
5 | Central Bank of India | 5 DAYS PLI |
6 | Indian Bank | 10 DAYS PLI |
7 | Indian Overseas Bank | 10 DAYS PLI |
8 | Punjab National Bank | 10 DAYS PLI |
9 | Punjab & Sind Bank | 5 DAYS PLI |
10 | State Bank of India | 10 DAYS PLI |
11 | Union Bank of India | 10 DAYS PLI |
12 | UCO Bank | 5 DAYS PLI |
* NOTE THESE ARE EXPECTED FIGURES ACTUAL FIGURES MAY VERY |
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Performance Linked Incentive (PLI) in Public Sector Banks is a bonus given based on how much profit the bank makes.
The bonus is given to all employees once a year, on top of their regular salary.
The amount of bonus each employee gets depends on the bank’s yearly performance. This is decided using a PLI chart. Employees receive a number of extra days’ pay (Basic salary plus Dearness Allowance) according to where the bank’s performance falls on this chart.