Bank DA likely to remain same for May/June/July 2015
At present the DA (as per 9th BPS) is @ 110.10%, for the months of February, 2015 to April 2015. The CPI has moved up only marginally much during January 2015, and it actually fell for the month of February 2015.
In March it again is expected to marginally go down Thus, in the given scenario, there is not much scope for DA increase from May, 2015, and in all probabilities will remain at the same level i.e. 110.10% or at maximum it may move margianlly up but less than 0.50%. Thus, we projected that DA for May 2015 will be at same levels i.e. 110.10%
(The exact position will be known on 30th April 2015)