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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*********

Friday, January 29, 2021

DA INCREASE FOR BANKER 33 SLAB FROM FEB 2021 AND NEW DA STOOD 26.18%

Today i.e. on 29.01.21 CPI for the month of Dec'20 announced with decrease of 1.10 points from Nov'20 as per base year 2016 and 3.16 points of base year 2001. Earlier Govt vide their notification dated 22.10.20  has changed the Consumer Price base year from 2001=100 to 2016=100 for Industrial Workers.

On the basis of CPI data announced by the Govt for the months of Oct'20 to Dec'20 the percentage of increase in DA is 33 slabs. In terms 11 th BPS the revised DA slabs would become payable from Feb'21 is 374 slabs i.e. total percentage of DA payable would become payable on revised pay = 26.18%.









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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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