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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, September 1, 2023

Bank Employee / Officer Expected DA From November 2023

Expected DA Calculation Updated on 31.08.23 on the basis of CPI for the month of Jul'23 & assumptions of CPI for the months of Aug'23 & Sep'23 as mentioned hereunder. The CPI for the month of Jul'23 announced today as 139.70  in June 2023 CPI was 

136.4


(as per revised base year 2016) 

  1. On assumptions if there is an increase of 2.30 points CPI in the month of Aug'23 and 1.0 in the month of Sep'23, 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; on this assumption, we may expect there would be an increase of 107 slabs and the total tentatively revised DA slabs would be 739 from Nov'23 in terms of 11th BPS.
  2. On assumptions if there is an increase of 1.50 points CPI in the month of Aug'23 and 0.80 in the month of Sep'23, we may expect there would be an increase of 97 slabs and the total tentatively revised DA slabs would be 729 from Nov'23 in terms of 11th BPS.
  3. On assumptions if there is an increase of 1.0 points CPI in the month of Aug'23 and 0.50 in the month of Sep'23, we may expect there would be an increase of 90 slabs and the total tentatively revised DA slabs would be 722 from Nov'23 in terms of 11th BPS.

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