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DA for Bank Employees from November 2020

Dearness Allowance for Workmen and Officer Employees in Banks for the months of November, December 2020 and January 2021 Indian Banks’ AssociationHR & Industrial Relations No.CIR/HR&IR/76/D/2020/9381 December 2, 2020 All Members of the Association(Designated Officers) Dear Sir/ Madam, Dearness Allowance for Workmen and Officer Employees in banks for the months of November, December 2020 & … Read more

Good News! DA Hike For Bank Employees for August to October 2020

As per 10th Bipartite Settlement, the DA (Dearness Allowance) for band employees and Officers for the months of August, September & October 2020 is increased to 77.50%. The official order is reproduced and given below for your further reference. Indian Banks’ Association HR & Industrial Relations No.CIR/HR&IR/76/D/2020/9018August 3, 2020 All Members of the Association(Designated Officers) … Read more

DA for Bank Employees from August to October 2020

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

Bank DA Calculation from May 2018

Bank DA Calculation from May 2018 The All India Consumer Price Index for the month of March 2018 has been released by Labour Bureau yesterday. The index remained unchanged at the point of 287. M/Y Jan-2018 Feb-2018 Mar-2018 CPI 288 287 287 Conversion 6573.86 6551.03 6551.03 Average — — 6558.64 Average — — 6559 Minus … Read more

DA to Bank Employees & Officers from Feb to Apr 2018 under 19th BPS Joint Note

DA to Bank Employees & Officers from Feb to Apr 2018 under 19th BPS Joint Note Dearness Allowance for Workmen and Officer Employees in banks for the months of  February, March & April 2018 under X BPS/Joint Note 25.5.2015 Indian Banks’ Association HR & Industrial Relations No.CIR/HR&1R/76/D/2017-18/4431 February 1, 2018 All Members of the Association … Read more

Expected DA for Bank Staff from May 2017

Expected DA for Bank Staff from May 2017 Expected DA from May 2017 for Bank Employees Expected Calculation of Dearness Allowance as per 10th Bipartite Settlement. Expected DA from May 2017 to July 2017 : We need three months All India Consumer Price Index data to find out the actual increasing in DA percentage. But, … Read more

IBA Issues Bank DA and DR Orders for the period August 2016 to January 2017

IBA Issues Bank DA and DR Orders for the period August 2016 to January 2017 The confirmed All India Average consumer Price Index Numbers for Induustrial workers (Base 1960=100) for the quarter ended June, 2016 are as follows:- April 2016 – 6185.82 May 2016 – 6277.12 June 2016 – 6322.77 In terms of Regulation 37 … Read more

DA for Bank Employees – 6 Slabs less from May, 2016

DA for Bank Employees – 6 Slabs less from May, 2016 Dearness Allowance – 6 Slabs less from May, 2016 AIBEA published a circular regarding Dearness Allowance after the announcement of CPI(IW) index for the month of March 2016 made by Labour Bureau. Dearness Allowance – 6 Slabs less from May, 2016 CPI Month 2001 … Read more

DA for Bank Employees : IBA issued orders for next quarter from Nov to Dec 2015

DA for Bank Employees : IBA issued orders for next quarter from Nov to Dec 2015 Indian Banks’ Association HR & Industrial Relations No.CIR/HR&IR/76/D/2015-16/1572 October 31, 2015 All Members of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and Officer Employees in banks for the months of Novermber, December and January 2016 under … Read more