DA to Bank Employees & Officers from Feb to Apr 2018 under 19th BPS Joint Note Dearness Allowance for Workmen and Officer Employees in banks for the months of  February, March & April 2018 under X BPS/Joint Note 25.5.2015 Indian Banks' Association HR & Industrial Relations No.CIR/HR&1R/76/D/2017-18/4431 February 1, 2018 All Members of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2018 under X BPS/Joint Note 25.5.2015 The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended December 2017 are as follows:- October 2017 - 6551.03 November 2017 - 6573.86 December 2017 - 6528.21 The average CPI of the above is 6551 and accordingly the number of DA slabs are 527(6551-4440=2111/4= 527 Slabs). The last quarterly Payment of DA was at 516 Slabs. Hence there is an increase in DA slabs of 11, i.e 527 Slabs...