BREAKING NEWS

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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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, December 30, 2017

Expected DA for FEB 18 to APR 18 for Banker is minimum 14 point and maximum 19 point

Expected DA for Feb'18 to Apr'18 - Updated on 29.12.2017 on announcements of CPI for the month of Nov'17


Now,  . on 29.12.2017, CPI for the month Nov'17 announced as 6573.86
We are providing calculations of expected DA on the basis of three assumption as under :-
  1. On assumptions that CPI would remain at least same as of Nov'17 for the next next month i.e. for Dec'17. In this situation the expected (tentatively) increase in DA Slabs would come to 16 slabs.(on this assumption the total tentatively revised DA slabs would be 532 i.e. 53.20%)
  2. On assumptions that there would be increase of one point in CPI data in next month. In this situation the expected (tentatively) increase in DA Slabs would come to 17 slabs.(on this assumption the total tentatively revised DA slabs would be 533 i.e. 53.30%)
  3. Keeping in view the recent fuel price hike we assume that there be may an increase of two points in Dec'17, In this situation the expected (tentatively) increase in DA Slabs would come to 19 slabs.(on this assumption the total tentatively revised DA slabs would be 535 i.e. 53.50%)
  4. On assumptions  that if fuel and other essential commodities price decreases then  DA will be 14 point
  5. The Expected DA Calculator is updated on the basis of above assumtions. Final DA calculation will be published in this blog on 31.01.2018 after receive CPI data for the month of DEC 2017

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