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BREAKING NEWS ""**Expected DA for Bank Employees from Aug 2024 MINIMUM 7 SLAB AND MAXIMUM 24 SLAB*****I *****

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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Saturday, October 31, 2015

BANK EMPLOYEES TO GET 34 SLABS INCREASE IN DA FOR NEXT QUARTER (Nov'15 to Jan'16)

BANK EMPLOYEES TO GET 34 SLABS INCREASE IN DA FOR NEXT QUARTER (Nov'15 to Jan'16)


With the two point increase of All India Consumer Price Index Numbers (AICPIN) for the month of SEPTEMBER ’15, which stood at 266 points , Bank employees will get hefty increase of 34 slabs of D.A. for Nov'15 to Jan'16 quarter.
July’15       263 (6003.21)
August       264 (6026.04)
September 266 (6071.69)
Accordingly  Bank workmen/Officers  will have  34 slabs increase   in DA payable for next quarter Nov to Jan’16 at 39.80%.(3.40%increase from Existing 36.40%)

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Madras High Court Sentenced Bank Employee and Wife to 5 years Jail

The  Madurai Bench of the Madras High Court  has sentenced five people, including former officials of the  Debt Recovery Tribunal (DRT), Mad...

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