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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*********

Monday, May 31, 2021

Expected DA increase for Banker From August 2021 is Minimum 27 slab and Maximum 35 slab

Expected DA Calculation Updated on 31.05.2021 on the basis of CPI for the month of Apr'21 that announced on 31.05.21 (there is an increase of just 0.50 points as per revised base year 2016 (base year changed from Oct 2020) and assumptions of CPI for next two months i.e. May & June 2021 as under (the increase of CPI points are much higher to be expected in coming months in view of recent increase in prices of generally each and every daily needs items, however on a conservative approach we assume as below on seeing the CPI for the month of April 2021

  1. On assumptions if there is an increase of One point of CPI in next both months (May'21 & June'21). Keeping in view on going increase in fuel price and prices of other commonly required items which has made more and more difficult to manage family budget in the present covid crises, on these assumptions the expected (tentatively) an increase of DA Slabs would be 35 slabs and the total tentatively revised DA slabs would be 880 slabs i.e. 84.70% on existing pay and in terms of 11BPS total tentatively revised DA slabs would be 402 i.e. 28.14%.
  2. On assumptions if there is an increase of 0.80 points in CPI of the next both months in this situation the expected (tentatively) an increase of DA Slabs would be 32 slabs and the total tentatively revised DA slabs would be 877 slabs i.e. 87.10% on existing pay and in terms of 11 BPS total tentatively revised DA slabs would be 399 i.e. 27.93%.
  3. On assumptions if there is an increase of 0.50 points in CPI of the next both months in this situation the expected (tentatively) an increase of DA Slabs would be 27 slabs and the total tentatively revised DA slabs would be 872 slabs i.e. 87.20% on existing pay and in terms of 11 BPS total tentatively revised DA slabs would be 394 i.e. 27.58%.

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