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expected da for bankers

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

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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

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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