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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*********

Friday, May 31, 2019

Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab

The CPI data for the month of April'19 is just declared and it  is increase of 3 points 309 to 312 point  . Assumptions of CPI for next two months provided expected DA paybale from Aug'19 as under:-
  1. On assumptions that CPI would remain at least same as of April'19 for two next month i.e for May'19 & June'19. In this situation the expected (tentatively) increase in DA Slabs would come to 24 slabs and the total tentatively revised DA slabs would be 669 i.e. 69%.
  2. On assumptions that there would be an increase of one point in CPI data in next both months. In this situation the expected (tentatively) increase in DA Slabs would come to 29 slabs and the total tentatively revised DA slabs would be 674 i.e. 67.40%.
  3. Keeping in view the election events in the country and rise in price of general items of use of common man, we may assume that there will be an increase of minimum of two points in CPI data for the month of May'19 and one point in June'19. In this situation the expected (tentatively) increase in DA Slabs would come to 27 slabs and the total tentatively revised DA slabs would be 672 i.e. 67.20%.

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