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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*********

Thursday, June 30, 2022

Expected DA for Banker from Augus 2022 is Minimum 57 slab and maximum 62 slab as per CPI of May 2022

 Expected DA Calculation Updated on 30.06.22 on the basis of CPI for the months of Apr-May 2022 with assumptions of CPI for the month of June 2022. The CPI for the month of May'22 announced on 30.06.22 as 129.00 i.e. with an increase of 1.30 points (as per revised base year 2016) (The base year was changed from Oct 2020) as under:-
  1. On assumptions if there is an increase of 1.20 of CPI in the month Jun'22, keeping in view on going regular rise in prices of commonly required daily needs items / commodities which is making month over month difficult to manage family budget in the present covid crises. Accordingly, on above conservative assumption, we may expect there would be an increase of 60 slabs and the total tentatively revised DA slabs would be 532 i.e. 37.24% from May'22 in terms of 11th BPS.
  2. On assumptions if there is an increase of 1.00 in Jun'22. On the basis of this assumption, we may expect there would be an increase of 58 slabs and the total tentatively revised DA slabs would be 530 i.e. 37.10% from May'22 in terms of 11th BPS.
  3. On assumptions if there is an increase of 0.75 in Jun'22. On the basis of this assumption, we may expect there would be an increase of 57 slabs and the total tentatively revised DA slabs would be 529 i.e. 37.03% from May'22 in terms of 11th BPS

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