IBA Issues Bank DA and DR Orders for the period August 2016 to January 2017 The confirmed All India Average consumer Price Index Numbers for Industrial workers (Base 1960=100) for the quarter ended June, 2016 are as follows:- April 2016 – 6185.82 May 2016 – 6277.12 June 2016 – 6322.77 In terms of Regulation 37 of Bank Employees ‘Pension Regulations, 1995 Dearness Relief is … [Read more...] about IBA Issues Bank DA and DR Orders for the period August 2016 to January 2017
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Bank DA
DA payable to bank employees from Nov 2015 to Jan 2016
DA payable to bank employees from Nov 2015 to Jan 2016 DA payable to employees for the Qtr. Nov. 2015 to Jan. 2016 shall be 398 slab i.e. an increase of 34 slab over the current level In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer … [Read more...] about DA payable to bank employees from Nov 2015 to Jan 2016
DA for Bank Employees : IBA issued orders for next quarter from Nov to Dec 2015
DA for Bank Employees : IBA issued orders for next quarter from Nov to Dec 2015 Indian Banks’ Association HR & Industrial Relations No.CIR/HR&IR/76/D/2015-16/1572 October 31, 2015 All Members of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and Officer Employees in banks for the months of Novermber, December and January 2016 … [Read more...] about DA for Bank Employees : IBA issued orders for next quarter from Nov to Dec 2015
Bank DA likely to remain same for May/June/July 2015
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 … [Read more...] about Bank DA likely to remain same for May/June/July 2015
DA for Bank Employees – Circular issued by IBA
DA for Bank Employees – Circular issued by IBA IBA issued circulars regarding increasing the Dearness allowance for bank employees from February to April 2015 and Dearness relief for bank pensioners from Feb to July 2015 Click here to download the IBA circular of DA for employees Click here to download the IBA circular of DR for pensioners. Click here to download the IBA … [Read more...] about DA for Bank Employees – Circular issued by IBA