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Expected Bank DA

Bank DA Feb 2024 – Latest Updates!

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Bank DA Feb 2024 - Latest Updates!

Following the publication of the Consumer Price Index for October 2023 by Labour Bureau, the recent update regarding the hike of Dearness Allowance for bank ​employees and officers will come into effect starting from February 2024. [lwptoc numeration=”none” numerationSuffix=”none” title=”Table of Contents” toggle=”0″ width=”full” titleFontSize=”18px” itemsFontSize=”18px” linkColor=”#dd3333″ skipHeadingLevel=”h1,h2,h4,h5,h6″] Bank Employees DA Hike In the first … Read more

Check Expected Bank DA from Nov 2023 with Your Own Assumption of CPI!

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Check Expected Bank DA from Nov 2023!

Discover the Anticipated Bank Dearness Allowance (DA) as of November 2023 Based on Your Assumed Consumer Price Index (CPI)! Gain insights into the projected Dearness Allowance for bank employees, effective from November 1st, 2023, by using our CPI Calculator to input your own assumptions! If you are eager to learn about the expected increase in … Read more

AICPIN June 2021 – Final Calculation of Expected DA July 2021

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AICPIN for June 2021 – Final Calculation of Expected DA July 2021 The Labour Bureau under the Ministry of Labour and Employment today released the press release of ‘All India Consumer Price Index Number’ (AICPIN) for the month of June. And the All India CPI for Industrial Workers for the month of June 2021 increased … Read more

DA for Bank Employees for the month of November, December 2020 & January 2021

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As per the circular issued by the Indian Bank’s Association on 3 November 2020, the Dearness Allowance has revised to Officers and Employees for the months of November, December 2020 & January 2021 under 10th Bipartite Settlement and Joint Note dated 25.5.2015. Indian Banks’ Association HR & Industrial Relations No.CIR/HR&IR/76/D/2020/9282 November 3, 2020 All Members … Read more

Expected Bank DA from November 2020

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Expected Bank DA from November 2020 to January 2021 The expected Dearness Allowance (DA) calculation for Bank offices, Sub-Staff and Clerks through a simple online tool. Bank DA Calculation Formula Among the three months data from July 2020 to September 2020, we received two months of Consumer Price Index. Consumer Price Index for the month … Read more

DA Percentage Calculation for August 2020

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Dearness Allowance (DA) Percentage Calculation for August 2020 The Dearness Allowance for Central Government Employees and Pensioners is frozen for one and a half years from 1.1.2020. However, the percentage of calculation of Dearness Allowance is on a regular process for further updates. As per the Finance Ministry order, the additional DA for 3 installments … Read more

DA for Bank Employees from August to October 2020

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After releasing the press release of All Indian Consumer Price Index (AICPIN) for the month of June 2020, the statistics data of CPI is increased by two points from its existing level and has remained at 332. Accordingly, the calculation of Dearness Allowance (DA) for bank employees and officers for the months of August, September, … Read more

AICPIN for the month of June 2020

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The AICPIN statistics is important data for Central Government Employees to calculate Dearness Allowance The last and final data for calculating Dearness Allowance (DA) from July 2020 for Central Govt employees and pensioners is expected to release today. But unfortunately, the hike in DA has been frozen for 18 months due to the reason of … Read more

Consumer Price Index (CPI-IW) for the month of May 2020

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All India Consumer Price Index (CPI-IW) for the month of May 2020 A fresh press release of statistics data of CPI for Industrial Workers for the month of May 2020 has been published by the Labour Bureau today. The index is the major calculation element of Dearness Allowance. Here is the official press release: No. … Read more

DA for Bank Employees from February 2020

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As per the 10th Bipartite Settlement, 75.90 percent of Dearness Allowance (DA) granting to Bank employees for the period from February, March and April 2020. The Indian Banks Association (IBA) issued circular in this regard and the same is reproduced and given below for your information. Indian Banks’ Association HR & Industrial Relations No.CIR/HR&IR/76/D/2019-20/8619 February … Read more