New Delhi, Jan. 15 -- The Department of Financial Services (DFS), Ministry of Finance, has launched a Composite Salary Account Package for Central Government employees in partnership with Public Sector Banks, introducing a unified framework that integrates banking, insurance and digital services under a single salary account.

The initiative was formally launched by DFS Secretary M. Nagaraju in the presence of the Chairman of State Bank of India, Managing Directors and CEOs of nationalised banks, the CEO of NPCI (via video conference), and senior DFS officials.

The package is designed to provide Central Government employees across Groups A, B and C with a standardised, comprehensive and convenient financial solution.

The framework has b...