Expected DA Calculation Updated on 31.08.25 on the basis of CPI for the month of Jul'25 with the assumptions of CPI for Aug'25 and Sep'25. The CPI for the month of July'25 announced on 29.8.25 as 146.50 with an increase of 1.50 points from Jun'25. (as per revised base year 2016) (The base year was changed from Oct 2020)
Keeping in view of recent steep rise of vegetables and other daily need items, we may assume there would be an increase in CPI index by 0.90 points in the next both months of Aug'25 & Sep'25. Accordingly, on this assumption, we may expect there would be an increase of 3.24% DA in terms of 12th BPS on revised pay. Total 24.37% DA will become payable from Nov'25.
On assumptions if there is an increase in CPI index by 0.75 points in the next both months of Aug'25 & Sep'25, we may expect there would be be an increase of 3.09% DA in terms of 12th BPS on revised pay. Total 24.22 percentage of DA will become payable from Nov'25.
On assumptions if there is an increase in CPI index by 0.50 points in the next both months of Aug'25 & Sep'25, we may expect there would be be an increase of 2.84% DA in terms of 12th BPS on revised pay. Total 23.97 percentage of DA will become payable from Aug'25.
The Allahabad High Court has strongly criticized the Director of the Horticulture and Food Processing Department, Uttar Pradesh, for repeatedly rejecting a woman employee’s application for maternity leave. The rejection was made on the ground that a two-year gap between two maternity leaves had not elapsed, even though the Court had earlier clarified that such a requirement is not mandatory.
A petition was filed by Sushila Patel, an employee of the department, in the Allahabad High Court. In September 2024, her application for maternity leave was rejected twice on the basis that there was no two-year gap between her first and second maternity leave. She challenged the rejection before the High Court
In November 2024, the Court set aside both orders and made it clear that such a gap cannot be a ground to deny maternity leave. The Court relied on its earlier April 2022 judgment in Guddi v. State of U.P., where it was held that insisting on a 180-day or two-year gap between pregnancies is not a valid condition for sanctioning maternity leave in government service.
After the Court’s directions, Patel again applied for maternity leave on December 7, 2024, and even attached a copy of the High Court’s order. However, the Director once again rejected her application on the very same ground, ignoring the Court’s binding ruling.
Justice Ajit Kumar expressed strong displeasure, calling the Director’s action “unfortunate.” The Court observed that despite repeated rulings that a two-year gap is not mandatory, the Director failed to follow the law and instead rejected the leave application without any justified reason. The Court remarked that this conduct amounts to clear contempt of its order.
It is unfortunate that despite directions issued by this Court in a number of petitions that such requirement of minimum two years period to pass in between two pregnancies was not mandatory to avail benefit of maternity leave and one such case was referred by this Court in the matter of Smt. Guddi v. State of U.P. and 2 others in Writ – A No.- 4996 of 2022 decided on 8th April, 2022 and yet Director, Horticulture and Food Processing Department, U.P., Lucknow U.P. failed to appreciate the same and rejected the maternity leave application for no justified reasons. Such an act and conduct amounts to clear contempt of the order this Court in both the directions issued by this Court vide order dated 6th November, 2024 in Writ – A No.- 17287 of 2024 vide order dated 6th November, 2024 and in Writ – A No.- 4996 of 2022 (Smt. Guddi v. State of U.P. and 2 others) decided on 8th April, 2022.
The High Court has now ordered the Director to personally appear before it on September 1 and explain why contempt proceedings should not be initiated against him under the Contempt of Courts Act, 1971.
An RTI was filed to know the status of the implementation of 5-Day Banking. The implementation has been pending for quite some time now. The IBA says the proposal is pending with the DFS, while the DFS states that the proposal is under consideration. But how long will it take?
To get clarity on the matter, an RTI was filed, but the Government refused to provide any update. The reply stated that no information can be shared until the matter is finalized.
An appeal was filed with the Appellate Authority against the RTI reply, but the Appellate Authority also denied providing any information.
Despite repeated discussions, the Government has failed to take any concrete decision on the implementation of 5-Day Banking. Employees and unions have been demanding this reform for years, but the matter is stuck in endless files between the Department of Financial Services (DFS) and the Indian Banks’ Association (IBA).
Earlier, when the issue was raised in Parliament, the Government chose to give only vague and non-committal replies instead of providing a clear timeline. Even after more than a year, no progress has been made. This delay shows a lack of seriousness and accountability towards the banking workforce. Click here to read Government’s Reply in Parliament.
Such repeated delays raise questions: If the Government truly cares about the welfare of bank employees and improving efficiency in the sector, why is it unable to implement a long-pending reform like 5-Day Banking?
The Finance Ministry has in two written replies to the Parliament last week, clarified on the requirement for and mandatory nature of CIBIL scores for loan applications, and also outlined whether it plans to replace the organisation in its role, with a government body.
Responding to queries raised on “misuse of CIBIL score by banks” and “the status and recognition of CIBIL score”, Union Minister of State (MoS) for Finance Pankaj Choudhary on August 18 informed the Parliament that as a credit information company or CIC, CIBIL is enabled to “provide credit scoring to its specified users or specified users of any other credit information company or to other credit information companies being its members”.
The reply noted that the RBI has granted four CICs with Certificate of Registration (CoR) to carry out such functions, namely — TransUnion CIBIL, Equifax Credit Information Services, Experian Credit Information Company of India, and CRIF High Mark Credit Information Services.
The reply noted that the RBI has granted four CICs with Certificate of Registration (CoR) to carry out such functions, namely — TransUnion CIBIL, Equifax Credit Information Services, Experian Credit Information Company of India, and CRIF High Mark Credit Information Services.
Can you take a loan without CIBIL score?
The RBI has not mandated a minimum credit score for sanction of loan applications and lenders take decisions based on their commercial considerations, board policies and regulatory guidelines. The response added that the CIR would be “one of the inputs” and not the sole consideration before granting any credit facility to a prospective borrower.
In fact, for first time borrowers, an RBI directive dated January 2025, advises CICs that loan applications of first-time borrowers “should not be rejected just because they have no credit history”.
How much fee should you be charged for your CIBIL score?
According to the minister, fee chargeable for obtaining credit score is regulated by RBI and should not exceed ₹100 for an individual's own credit information.
Further, in 2016, the RBI has in a circular advised all CICs to provide one free full credit report including credit score in electronic format, once in a year to individuals whose credit history is available with the them.
What is CIBIL's function?
TransUnion CIBIL, the Credit Information Bureau (India) i.e. CIBIL, is a CIC governed by the Credit Information Companies (Regulation) Act, 2005 (CICRA) and CIC Regulations, 2006; and regulated by the Reserve Bank of India (RBI).
The central bank is empowered to determine policy in relation to functioning of all CICs and such companies are bound to these decisions.
As per provisions of the CICRA law, functions of a CIC include:
To collect, process and collate information on trade, credit and financial standing of the borrowers;
To provide credit information and credit scoring to its specified users.
Further, all CICs and CIs are required to retain credit information collected, maintained and disseminated by them for a minimum period of seven years.
Will the government replace with CIBIL with its own agency?
The MoS noted that while Budget 2024 announced the set up of a National Financial Information Registry (NFIR), as a central repository of financial information, this is “envisaged to serve as a repository of both credit and ancillary information, thus enabling comprehensive credit assessment of borrowers”.
However, there is at present, no proposal to replace CIBIL with an alternate mechanism.
What measures has RBI taken to safeguard customers?
On complaints regarding potential misuse of data collected by CIBIL, the minister said that RBI has taken “proactive measures” to “strengthen and improve” the grievance redressal mechanism with regards to CICs and CIs.
As per the RBI's directions, CICs have to:
Provide access to one free full credit report, including credit score, in an electronic format, to individuals whose credit score is available with them.
They must enable a review of customer complaints before rejection with an Internal Ombudsman, appointed to act as an independent apex level authority within the CIC.
Complainants can also approach the RBI Ombudsman — under the Reserve Bank - Integrated Ombudsman Scheme, 2021 (RBIOS) — in case of wrongful compensation denial.
They must notify customers by SMS or email when their credit report is accessed and such enquiries must reflect in the borrower's CIR.
Customers must receive SMS pr email regarding default or days past due in existing credit facilities.
They must undertake Root Cause Analysis (RCA) of customer grievances at least on a half-yearly basis.
A big case of Gold Loan Fraud has been reported in UCO Bank, Bhopal, Madhya Pradesh. CBI has registered case of alleged misconduct committed by three empanelled valuers/appraisers namely Shri Deepak Soni, Proprietor of M/s Shobhagya Jewellers, Shri Sandeep Soni, Proprietor of M/s Kanchan Jewellers and Shri Deepak Soni, Proprietor of M/s Gauri Abhusan and unknown bank officials of UCO bank and unknown private persons.
Shri Deepak Soni, Proprietor of M/s Shobhagya Jewellers, Shri Sandeep Soni, Proprietor of M/s Kanchan Jewellers valuers/appraisers exploited their exclusive position for UCO Bank branches in Bhopal to facilitate large-scale fraud. They issued false authentication certificates for fake gold, enabling the sanction of multiple gold loans across various branches of UCO bank.
These valuers deliberately certified counterfeit gold as genuine, causing the bank to disburse loans to different borrowers. This systematic fraud has resulted in an estimated financial loss of around 25-26 crores to the bank (across 04 branches).
What’s more shocking is that – the same gold was used to repay previous gold loan. The gold loan was taken multiple times using the same Fake Gold. This shows that the bank employees might also be involved in this big scam.
In the Lalghati Branch of UCO bank, a total of around 121 gold loans were sanctioned by pledging the fake Gold. The Lalghati branch of UCO bank has been defrauded to the tune of around Rs 10.2 Crores.
A total of around 10 gold loans were sanctioned at Gulmohar Branch of UCO Bank by pledging the fake gold. The Gulmohar branch of UCO bank has been defrauded to the tune of Rs 45.6 lakhs.
A total of around 73 gold loans were sanctioned at Marwari Road Main Branch of UCO Bank by pledging the fake gold. The Marwari Road Main branch of UCO bank has been defrauded to the tune of Rs 6.5 Crores.
A total of around 92 gold loans were sanctioned at Piplani Branch of UCO Bank by pledging the fake gold. The Piplani branch of UCO bank has been defrauded to the tune of Rs 8.25 Crores
Place
Cases
Amount
Lalghati
121
Rs.10 crore
Piplani
92
Rs.8.25 crore
Marwari
73
Rs.6.50 crore
Gulmohar
10
Rs.45 lakh
During the preliminary enquiry, it is revealed that an internal inspection conducted at UCO Bank’s Marwari Road branch, Bhopal, in March 2025 uncovered fraudulent activity in several gold loan accounts. During the inspection, the authenticity, weight, and market value of randomly selected pledged gold loan packets were reassessed by an independent auditor. The auditor, Shri Amit Soni, Vidisha, found that the pledged gold in these packets was fake. This discovery raised serious concerns about potential fraud.
Bank account
Following this, UCO Bank decided to conduct the verification process of all pledged gold loan accounts in its other branches within the Bhopal region. The bank initiated a thorough re-appraisal of the pledged gold to assess the extent of the fraudulent activity.
Indian Banks’ Association (IBA) has released notification for recruitment of candidates to the post of Manager and Assistant Manager. All details related to this recruitment are given below – eligibility, age limit, education qualifications, syllabus, exam pattern, selection process, notification pdf, apply online link, etc.
Bank account
Assistant Manager
Application End Date: 31-08-2025, 05:00 pm.
Age Limit: 25 to 50 Years
Minimum Experience: 3 Years
Educational Qualification – A Degree (Graduation in any discipline from a University recognized by the Govt. Of India)
Work Experience – 3 to 5 years of experience in any of the field Banking / Financial industry / IT operations/ Legal.
Manager
Application End Date: 31-08-2025, 05:00 pm.
Age Limit: 25 to 50 Years
Minimum Experience: 5 Years
Qualification: Graduate in any stream
Work Experience: Minimum 5 years of experience in any of the field Banking / Financial industry / GST Accounting, GST reconciliation and its compliance/ ITC reconciliation and ITC Claim related compliance TDS Accounting, TDS reconciliation its compliance and filing of returns/ Taxation / Tally. Experienced candidates shall be preferred.
