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*********

Friday, March 31, 2023

Expected DA for banker from May 2023

Expected DA Calculation Updated on 31.03.23 on the basis of CPI for the months of Jan'23, Feb'23 & assumptions of CPI for the month of Mar'23 as mentioned hereunder. The CPI for the month of Feb'23 announced today i.e. on 31.03.23 as 132.70; declined by 0.10 from the last month (as per revised base year 2016) (The base year was changed from Oct 2020)

  1. On assumptions if there is an increase of 0.50 points CPI in the month of Mar'23. it is assumed 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; whereas it is quite surprisingly that in the month Feb'23 CPI index is down by 0.10 point from the last month. Accordingly, on the this assumption, we may expect there would be an increase of 8 slabs and the total tentatively revised DA slabs would be 596 from May'23 in terms of 11th BPS.
  2. On assumptions if there is an increase of 0.30 points CPI in the month of Mar'23. On the basis of this assumption, we may expect there would be an increase of 7 slabs and the total tentatively revised DA slabs would be 595 from May'23 in terms of 11th BPS.
  3. On assumptions if there is an increase of 0.20 points CPI in the month of Mar'23. On the basis of this assumption, we may expect there would be an increase of 7 slabs and the total tentatively revised DA slabs would be 594 from May'23 in terms of 11th BPS.

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