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*********

Sunday, June 9, 2019

Know D.A. history for bank employee from 2002 till date

1. Labour Department will release Consumer Price Index (No.) every month ,based on year 2001.

2. Jan,Feb,March is one quarter. likewise there are 4 quarters.

3. Difference between average CPI over average of previous quarter is called increase.

4. Bank Dearness Allowance(DA) is calculated on CPI based on year 1960.

5. Conversion factor to year 2001  is  Index No.* 4.63 * 4.93

6. For every increase of 4 points 1 slab at the rate of 0.10% is given as D.A

7. Since every month’s CPI is announced on the last day of next month Dearness Allowance(DA) is given effect on the subsequent month. i.e 2 months later.


Payable for the monthsAverage CPINo. of slabs% of pay% Difference 
May,June,July 20197023.064564.53.4 
February,March,April 20196885.061161.10.4 
November,December 2018 & January 20196871.060760.76.6 
August,September,October 20186604.054154.11.2 
May,June,July 20186559.052952.90.2 
February,March,April 20186551.052752.71.1 
November,December 2017 & January 20186505.051651.63.8 
August,September,October 20176353.2147847.82.2 
May,June,July 20176261.9145645.61.3 
February,March,April 20176315.046946.91.3 
November,December 2016 & January 20176353.045645.60.1 
August,September,October 20166261.945545.53.5 
May,June,July 20166117.042042.00.6 
February,March,April 20166147.042642.62.8 
November,December 2015 & January 20166033.039839.83.4 
August,September,October 20155896.036436.474.3 
May,June,July 20155790.17738110.70.6 
February,March,April 20155774.95734110.10.3 
November,December 2014 & January 20155767.0732109.8-

2015 Aug Sep Oct 5896 364 36.4 
2015 May Jun Jul 5790.17 738 110.7 
2015 Feb Mar Apr 5774.95 734 110.1 
2014-15 Nov Dec Jan 5767 732 109.8 
2014 Aug Sept Oct 5569.52 683 102.45 
2014 May Jun Jul 5432.56 650 97.5 
2014 Feb Mar Apr 5501.04 666 99.9 
2013-14 Nov Dec Jan 5402.13 641 96.15 
2013 Aug Sept Oct 5211.91 593 88.95 
2013 May Jun Jul 5082.57 561 84.15 
2013 Feb Mar Apr 4976.05 535 80.25 
2012-13 Nov Dec Jan 4877 510 76.5 
2012 Aug Sept Oct 4709 468 70.2 
2012 May June Jul 4549 428 64.2 
2012 Feb Mar Apr  4519 420 63 
2011-12  4443 401 60.15 
2011  4276 360 54 
2011  4245 352 52.8 
2011  4169 333 49.95 
2010-11  4070 308 46.2 
2010  3926 272 40.8 
2010  3895.62 401 72.18 
2010  3819 382 68.76 
2009-10  3690 350 63 
2009  3454 291 52.38 
2009  3378 272 48.96 
2009  3370 270 48.6 
2008-09  3302 253 45.54 
2008  3172 221 39.78 
2008  3089 200 36 
2007-08  3056 192 34.56 
2007-08  3028 185 33.3 
2007  2944 164 29.52 
2006-07  2907.06 154 27.72 
2006-07  2898.84 152 27.36 
2006-07  2836 137 24.66 
2006  2768 120 21.6 
2006  2716.28 107 19.26 
2002   2312.17 157 
2002   2307.23 155 
2002   2346.67 161 
2002-2003   2391.05 174 
2003   2386.11 178 
2003   2400.9 177 
2003   2450.21 188 
2003-2004   2460.07 194 
2004   2474.86 198 
2004   2484.71 200 
2004   2524.15 205 
2004-2005   2578.38 220 
2005   2568.53 224 
2005   2588.25 226 
2005   2604 79 14.22 
2005-2006   2672.05 93 16.73 
2006  2711.5 106 19.08 


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