DEARNESS ALLOWANCE FOR WORKMEN AND OFFICER EMPLOYEES IN BANKS FOR THE MONTHS OF NOVEMBER, DECEMBER 2018 & JANUARY 2019 UNDER X BPS/ JOINT NOTE DATED 25.5.2015
DA for Bank Staff and Officers from Nov 2018 to Jan 2019 Dearness Allowance for Bank Staff and Officers from Nov 2018 to Jan 2019 under 10th Bipartitie Settlement and Joint Note Dated 25.5.2015 DA Orders issued by IBA on 1.11.2018 HR & Industrial Relations No.CIR/HR&IR/76/D/2018-19/6194 November 1, 2018 All Members of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and Officer Employees in banks for the months of November, December 2018 & January 2019 under X BPS/ Joint Note dated 25.5.2015 The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended September 2018 are as follows:- The average CPI of the above is 6871 and accordingly the number of DA slabs are 607 (6871 – 4440 = 2431 / 4 = 607 Slabs) The last quarterly Payment of DA was at 541 Slabs. Hence there is an increase in DA slabs of 66, i.e 607 Slabs for paym...