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*********

Monday, August 31, 2020

Expected DA for Banker from November 2020 as per CPI data as 31.08.2020

Expected DA Calculation Updated on 31.08.2020 on the basis of CPI for the months of July'20 announced on 31.08.20 as 7669.50 (increase of FOUR points) with assumptions of CPI for the month of Aug'20 & Sep'20 as under:-

  1. On assumptions if there is an increase of three points of CPI in the month of Aug'20 & Sep'20, keeping in view of recent inflation due to COVID 19 and increase in fuel prices. In this situation the expected (tentatively) increase in DA Slabs would be 49 slabs and the total tentatively revised DA slabs would be 824 i.e. 82.40%.
  2. On assumptions if there is an increase of two points in CPI in the month of Aug'20 & Sep'20. In this situation the expected (tentatively) increase in DA Slabs would come to 44 slabs and the total tentatively revised DA slabs would be 819 i.e. 81.90%.
  3. On assumptions if there an increase of one point in CPI in next both months. in this situation the expected (tentatively) increase in DA Slabs would come to 38 slabs and the total tentatively revised DA slabs would be 813 i.e. 81.30%.
  4. On assumptions if this figure remains stationery  next both months. in this situation the expected (tentatively) increase in DA Slabs would come to 32 slabs and the total tentatively revised DA slabs would be 807 i.e. 80.70%.

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