DA CHART FOR BANKER FROM MAY 2026

DA FOR BANKER INCREASE FROM MAY 2026 is .70%

Bankers DA Calculator - May'26 to Jul'26

On 30.04.26 Govt declared CPI for the month of Mar'26 as 149.10 with an increase of 0.60 points from the previous month i.e. Feb'26. . Bankers DA calculator is updated hereunder on the basis of CPI for the month of Jan'26 to Mar'26. Earlier the Govt vide their notification dated 22.10.20 (click to view the letter) has changed the Consumer Price base year from 2001=100 to 2016=100 for Industrial Workers.

Calculate your DA on the basis of CPI data announced by the Govt for the months of Jan'26 to Mar'26. DA payable for the period May'26 to Jul'26 is 25.70% as per 12^th BPS

DA from 01 May for Banker increased by 0.70%

DA from 01 May for working Bank employees increased by 0.70% based on CPI (IW) released now. New DA 25.70%

Details chart will be uploaded soon

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Profit per employee -- Indian Banks Fzy 25

Updation of Pension: Our next Final Hearing Date in

Updation of Pension:

Our next Final Hearing Date in S.C, when is a perplexing & moot question? 

It is learnt that DFS has told the Supreme Court to abide by the Supreme Court verdict  & implement. They smell the verdict & hence has issued their circular recently on 20thApril to SBI & all PSBs to take immediate steps for making respective amendments in BEPR   soon relating to 12th BPS before the start of 13 th BPS/ 10th Jt Note wef 01.11.2027. It is a welcome decision. Now they can not deny Updation & prolong the case. In view of the above, 

The IBA/DFS may request at least 3 to 4 months time to implement updation of Pension by bringing Amendments in BEPR, Gazette it, which will have only statutory backing. 

Then only we shall have permanent remedy. They have  specified 3  to 4 months definte time to complete the exercise but said before start of commencement of wage negotiations on 01.11.2027.

We have to see whether the Court will accept their  plea or Order for implementing  the same immediately. IBA must bring Amendments to BEPR soon. It is why they have given Ex-gratia upto 2027, well planned, UFBU also duly accepted it without any question. 

We must demand  Updation of Pension soon after the verdict with retrospective effect with 9℅ interest since our demand is legally susceptible and a valid one without any delay. They can not delay the processes further. 

Let us Hope & pray God. 

S. Ganapathy

Forwarded as received

Rupam Roy Raises 5-Day Banking and PLI Discrimination issues

Rupam Roy Raises 5-Day Banking and PLI Discrimination issues at AIBEA 30th National Conference

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AIBOC General Secretary, Rupam Roy highlighted key concerns during his address at the All India Bank Employees Association (AIBEA) 30th National Conference in Bengaluru, including the demand for 5-day banking, discussions with the government on working conditions, and the impact of PLI discrimination on bank officers. He also raised the issue of pension updation, stressing the need for policy clarity and fair implementation across public sector banks (PSBs).

#AIBOC #concern #NationalConference #bengaluru

 

Bank Employee hanged himself, Fight with Girlfriend suspected as Reason

A bank employee has committed suicide by hanging himself in Matiyari’s Astha Nagar, located in Lucknow’s Chinhat police station area.

As per reports, he allegedly took this step while on a video call with his girlfriend. Akarsh Mishra was just 26 years old and originally belonged to Belsar village in the Pakolia police station area of Basti district. He was working in a bank in Lucknow and was living as a tenant in Astha Nagar Colony, Matiyari.

It is reported that Akarsh went to his room after dinner on Tuesday night. On Wednesday morning, his friends Sameer, Anurag, and Sandeep went to call him, but found the door locked from inside. When they received no response despite calling repeatedly, they became suspicious and broke the door.

Upon entering the room, they found Akarsh hanging from the ceiling fan with a scarf tied around his neck. They immediately brought him down and rushed him to the nearby Chandan Hospital, where doctors declared him dead.

According to the police, the deceased’s father has alleged that Akarsh was friends with a young woman from Barabanki. Around 10 p.m. on Tuesday night, they had an argument over something. It is alleged that during this time, Akarsh hanged himself while on a video call. The woman herself has called one of his friends and informed about the adverse incident.

Upon receiving the information, police arrived at the scene and began an investigation. More details will be released soon.

13th BIPARTITE SETTLEMENT OF BANK EMPLOYEE

UFBU STAGES PROTEST OVER 5 DAYS BANKING

Stop Cheating with Bank retirees

Meeting with Iba and UFBU will be held on 15th April

EXPECTED DA FOR BANK EMPLOYEE FROM MAY 2026

Expected DA Calculation Updated on 30.03.26 on the basis of CPI for the month of Feb'26 with the assumptions of Mar'26. The CPI for the month of Feb'26 announced on 30.03.26 as 148.5 with a decrease of 0.10 points from Jan'26. (as per revised base year 2016) (The base year was changed from Oct 2020)

1. Keeping in view of recent CPI announced , we may assume there would be an increase in CPI index by 0.90 points in the next month. Accordingly, on this assumption, we may expect there would be an increase of 0.80% DA in terms of 12^th BPS on revised pay. Total 25.8% DA will become payable from May'26.
2. On assumptions if there is an increase in CPI index by 0.60 points in the next month, we may expect there would be be an increase of 0.70% DA in terms of 12^th BPS on revised pay. Total 25.70 percentage of DA will become payable from May'26.
3. On assumptions if there is an increase in CPI index by 0.50 points in the next both month, we may expect there would be be an increase of 0.67% DA in terms of 12^th BPS on revised pay. Total 25.67 percentage of DA will become payable from May'26.

CBI Arrests SBI Assistant Manager in Rs.16,000 Bribery Case in Assam

The Central Bureau of Investigation (CBI) has arrested an Assistant Manager of State Bank of India (SBI) in a bribery case in Assam. The bank officer was caught while allegedly demanding and accepting a bribe of ₹16,000 from a complainant.

According to the CBI, the accused officer was working as an Assistant Manager and Loan Officer at SBI’s Gumi Branch in Kamrup (Rural) district of Assam

Bank employees can face arrest if they are involved in corruption, fraud, forgery, or misuse of their official position. Various laws in India allow investigative agencies to take action against such offences.

 Prevention of Corruption Act, 1988

Bank officials who demand or accept bribes, misuse their position, or obtain illegal benefits can be booked under the Prevention of Corruption Act. This law is commonly used in cases investigated by the CBI.

IPC Section 420 – Cheating

This section applies when a bank employee dishonestly cheats a customer, bank, or financial institution to gain money or benefits.

 IPC Section 409 – Criminal Breach of Trust

If a bank officer misuses or illegally transfers funds entrusted to them, they can be charged under this section for breach of trust.

 IPC Section 468 – Forgery for Cheating

This section is used when fake documents, forged signatures, or fabricated records are used to approve loans or financial transactions.

 IPC Section 471 – Using Forged Documents

If a bank staff member knowingly uses forged documents as genuine, they can face action under this section.

Case Registered After Complaint

The CBI registered the case on 12 March 2026 after receiving a complaint against the bank officer. The complainant alleged that the officer had demanded a bribe of ₹16,000 in return for processing loan applications.

These loan applications were related to customers seeking loans for the installation of rooftop solar electrification systems.

CBI Trap and Arrest

After verifying the complaint, the CBI set up a trap operation. During the operation, the accused officer was caught red-handed while demanding and accepting the bribe amount of ₹16,000 from the complainant

Delhi Court Convicts MP Congress MLA Rajendra Bharti in Bank Fraud and Forgery Case

A Delhi court on Wednesday convicted Madhya Pradesh Congress MLA Rajendra Bharti in a corruption case. The case involves forgery of bank records and cheating a cooperative bank through a fixed deposit scheme.

Rajendra Bharti is a three-time MLA from the Datia constituency in Madhya Pradesh. He is also a senior leader of the Indian National Congress. He was facing trial in this cheating case.

The court said that Bharti was part of a criminal conspiracy. This conspiracy allowed illegal withdrawal of interest from the bank for more than 10 years.

Justice Dig Vinay Singh, Special Judge under the Prevention of Corruption Act at Rouse Avenue Courts, said that the evidence clearly shows Bharti’s role. The judge noted that Bharti was linked to both the beneficiary trust and the bank.

The court said that Bharti was a trustee of the beneficiary trust. At the same time, he was also the chairperson of the bank when the fraud happened. Because of this, the court concluded that he was part of the conspiracy.

The case was earlier being heard in Madhya Pradesh. Later, it was transferred to Delhi by the Supreme Court after Bharti requested it.

The case is related to a fixed deposit of ₹10 lakh made in 1998. The deposit was made in Zila Sahkari Krishi Gramin Vikas Bank in the name of a trust called Shri Shyam Sunder Shyam Jan Sahyog Evam Samajik Vikas Sansthan.

The prosecution said that the deposit was originally for three years. However, bank records were later changed to show that it was extended to 10 years and then to 15 years.