Monday, April 30, 2012

Bank D.A. for May, June July 2012 based on AICPIN data of March'12

CPI(IW) for the month of March has been released by Labour Ministry   today  which stands at  201  points.Index figures for the months of January and February have already been released and details are furnished here under:-
  Month             Index Figure                          Index Figure
                        Base year -2001                     Base year 1960

JAN                    198                                        4519.52
FEB                    199                                        4542.35
MAR                  201                                        4578.09

Accordingly there will be an increase of 8 slabs in DA payable to Bank Employees  for the months  of May,June and July 2012 .which will  come to   64.20 %
(Provided by Mr. Mohan P.)
To view scalewise increase, click to allbankingsolution
(KIndly wait for the IBA's circular in this regard)

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