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DA For Bank Employees From Nov 2018 to Jan 2019

November 3, 2018 by wpadmin Leave a Comment

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 payment of DA for the quarter Nov, Dec 2018 and January 2019

In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of Nov, Dec 2018 & January 2019 shall be 60.7 % of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

Yours faithfully,

S.K Kakkar
Senior Advisor (HR&IR)

Source: http://www.iba.org.in

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  2. GDS TRCA Table , GDS TRCA Arrears, GDS Revised TRCA, GDS Existing and Revised Allowances
  3. Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & October 2018
  4. Expected Bank DA from Nov 2018 to Jan 2019
  5. Tamil Nadu – PENSION – Dearness Allowance to the Ex-gratia beneficiaries – Sanction – Revised rate admissible from 1st January 2018 – Orders Issued on 18-06-2018
  6. 7th CPC Defence Pay Matrix: Modification of Level-12A and 13 – Issues Reg
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  10. REVISION IN WAGE STRUCTURE OF GDS –  Lok Sabha Q&A

Filed Under: Bank DA Orders, Bank Employees News Tagged With: DA for Bank Employees, DEARNESS ALLOWANCE, IBA Circulars

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