With the two point increase of All India Consumer Price Index Numbers (AICPIN) for the month of SEPTEMBER ’15, which stood at 266 points , Bank employees will get hefty increase of 34 slabs of D.A. for Nov'15 to Jan'16 quarter.
- July’15 263 (6003.21)
- August 264 (6026.04)
- September 266 (6071.69)
Accordingly Bank workmen/Officers will have 34 slabs increase in DA payable for next quarter Nov to Jan’16 at 39.80%.(3.40%increase from Existing 36.40%)
This is for information only and we have to wait for IBA circular which is expected very soon.
Calculation by Mr. Mohan P.
