DA for Bank Employees from the next quarter February 2019 toApril 2019 is expected to increase by 6 slabs i.e., increase of 0.60%
DA slabs for the next quarter, February 2019 to April 2019 will be 613 i.e., 61.30%.
Consumer Price Index (CPI) for the month of October 2018 has increased by 1 point to 302 (from 301 for the month of September). Assuming that CPI remains same for November and December 2018, increase in DA for bankers will be 0.60%.
For the current quarter of November 2018 to January 2019 DA for bankers had increased by 6.60%. There was increase of 1.20% for the quarter Aug to Oct 18.
DA for bank employees was increased by 6.6% from November 2018. CPI for the month of September 2018 at same level of 301 as that for July and August 2018.
DA for bank employees from the next quarter February 2019 to April 2019 is expected to increase by 6 slabs i.e., increase of 0.60%.
On the assumption that CPI for the month of November 2018 and December 2018 increase by 1 points each, DA will increase by 1.20%.