Monday, October 5, 2015

Likely Bank D.A. from November 2015

3% (30 slabs) increase likely.
At present the DA (as per 10th BPS) is @ 36.40%, for the months of  August,  2015 to October  2015.    The CPI has moved up considerably from June 2015 level.  Thus, in the given scenario, there are good chances that  DA from November 2015 will increase  in all probabilities by around 3.00%    Thus, we project that DA for November  2015 will be around  39.40%
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