Wage comparison Bank RBI LICI

Expected DA for Bankers from Nov'26

Expected DA  Calculation Updated on 30.09.26 on the basis of CPI for the month of Aug'26 with the assumptions of CPI for the month of Sep'26 . The CPI for the month of Aug'26 announced on 30.09.26 as 154.40 with an increase of 1.20 points from Jul'26. (as per revised base year 2016) (The base year was changed from Oct 2020) 

1. Keeping in view of recent CPI announced , we may assume there would be an increase in CPI index by 1.20 point in the month of Sep'26. Accordingly, on this assumption, we may expect there would be an increase of 3.54% DA in terms of 12^th BPS on revised pay. Total 31.37% DA will become payable from Nov'26.
2. On assumptions if there is an increase in CPI index by 1.10 point in the month of Sep'26, we may expect there would be be an increase of 3.50% DA in terms of 12^th BPS on revised pay. Total 31.33 % DA will become payable from Nov'26.
3. On assumptions if there is an increase in CPI index 1.00 point in the month of Sep'26, we may expect there would be be an increase of 3.47% DA in terms of 12^th BPS on revised pay. Total 31.30% DA will become payable from Nov'26.

Govt proposal for 5 days Banking

As far as I received information regarding the 5-Day Banking:*

1. Govt has declined the proposal of 40mins extra working time in 5 days. DFS asked for an alternative as stakeholders are not ready for it.

2. There is a proposal of existing Saturday (1st and 3rd) as usual opening and on those Saturdays staff will come on rotation basis which means 5day for staff but 6day for customers.

3. There is another proposal of 7-day banking from DFS. Staff will come on a rotation basis and will work for 5 days but the bank will be opened for 7 days. (This is quite impossible because there are not sufficient staffs in small banks)

Govt is insisting on number 3, so that *merger* can get effective and staff shortage will not be any barrier to the proposal, but they are not ready to recruit more staff in the banking sector rather they are asking to promote digital system and Alternate channels.

So like bipartite settlement, a committee has been formed so that they can talk to the stakeholders for an alternative solution to implement 5 day banking asap..

Govt has also craftily included customers to the list of stakeholders, and we know that the majority of customers don't want this.

So, the first meeting of this committee is very important and let's see what comes out...

For 5 days banking 47 meeting already gone..... How many ufbu need?

For 5 days banking and PLI issue a high level meeting willl be held tomorrow

Strike Deferred

Enhancement of gratuity celling from 20 lakh to 25 lakh for banks employees