Expected DA for Bank employees from November 2011. - ALLCGNEWS

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01 October 2011

Home BANK BANK EMPLOYEES D.A. Expected DA for Bank employees from November 2011.

Expected DA for Bank employees from November 2011.


Based on the following calculation, the likely D.A. for Bank employees is likely to be 28.25 slabs hike in D.A. resulting to 4.24% hike.
Base 2001=100             Base 1960=100


Jul-11            193 Jul-11 4357.94
Aug-11          194 Aug11 4380.52
Sep-11           194 Sep-11 4380.52
Average        193.67
 
 		 4372.99
Less merged points i.e.2836 1536.99
Total slabs 384.25
Increase over existing slabs 28.25
Coversion factor (%age increase) 4.24%
New DA 57.64%
(It may kindly be  taken as an
assumption only) 




Source -paycommissionupdate.blogspot.com
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18 comments:

  1. AnonymousOctober 3, 2011 at 10:20 PM

    Above mentioned DA Calculation not correct. DA calculation as per labour bearu declared cpi iw for July 193, August 194 and assume for september 194, based on this da likely increase by 5.4% or 36 slabs. Dasaradh, Oriental Insurance, Hyderbad

    ReplyDelete
  2. AnonymousOctober 5, 2011 at 9:58 PM

    it should be 5.4% mr Dasaradh is saying correctly.

    ReplyDelete
  3. AnonymousOctober 5, 2011 at 10:06 PM

    Above mentioned DA Calculation IS INCORRECT PLEASE CALCULATE AGAIN AS PER LATEST WPI THE 36 SLABS SHOULD BE ATLEAST

    ReplyDelete
  4. AdminOctober 7, 2011 at 6:41 PM

    @AnonymousDear sir,
    Thank you for your valuable comment.

    ReplyDelete
  5. AdminOctober 7, 2011 at 6:48 PM

    @Bubble
    After getting correct calculation, we will update at once.

    ReplyDelete
  6. ARNABJIT RAYOctober 15, 2011 at 2:35 PM

    ARNABJIT RAY OF THE NEW INDIA ASSURANCE CO.LTD, KRO HAS PREDICTED THAT THERE WILL BE AN INCREASE BETWEEN 36 TO 39 SLABS FOR BANK & INSURANCE EMPLOYEES FOR NOV, 2011.

    ReplyDelete
  7. ARNABJIT RAYOctober 22, 2011 at 11:40 AM

    ARNABJIT RAY OF THE NEW INDIA ASSURANCE CO.LTD, KRO HAS COMMENTED THAT INCREASE IN DA FOR NOV, 2011 IS HEADING TOWARDS 40 SLABS FOR BANK & INSURANCE EMPLOYEES. HAPPY "DA" DIWALI TO ALL.

    ReplyDelete
  8. jogesh chandra pandaOctober 22, 2011 at 7:08 PM

    DA for bank employees will be more than 6% as cpi for sept2011 will be more than 4440

    ReplyDelete
  9. jogesh chandra pandaOctober 22, 2011 at 7:11 PM

    @ARNABJIT RAY I fully agree to A.Ray

    ReplyDelete
  10. jogesh chandra pandaOctober 22, 2011 at 7:13 PM

    DA for bank employees will be more than 6% as cpi for sept2011 will be more than 4440

    ReplyDelete
  11. AnonymousOctober 29, 2011 at 6:16 PM

    D.A SHOULD BE MORE THAN 6 PERCENT I 100 PERCENT AGREED WITH J C PAND

    RAJESH KUMAR JHA

    ReplyDelete
  12. AnonymousOctober 30, 2011 at 10:02 AM

    As per my opinion it should be 42 to 43 slab

    ReplyDelete
  13. AnonymousOctober 30, 2011 at 10:27 PM

    EXPECTED DA W.E.F. NOVEMBER 2011 IS 36 SLABS i.e. 5.4% hike in DA

    R.N.KAPOOR
    SBI, MORADABAD

    ReplyDelete
  14. AnonymousOctober 30, 2011 at 10:30 PM

    Mr. Kapoor is correct.


    B.K.Saraswat
    SBOP Hindu College, Moradabad

    ReplyDelete
  15. AnonymousOctober 31, 2011 at 7:47 PM

    DA FOR BANK EMPLOYEES FOR NOV DEC 2011 & JAN 2011
    WORKS OUT TO 6.3% ASPER LATEST CPI (IW ) FIGURES.

    ReplyDelete
  16. JOHN NIPPS PNBOctober 31, 2011 at 7:52 PM

    DA FOR NOV 2011 WILL BE 42 SLABS 6.3% SEPT 2011 CPI (IW)IS 197.

    ReplyDelete
  17. ARNABJIT RAYOctober 31, 2011 at 8:05 PM

    41 SLABS INCREASE IN DA FOR BANK & INSURANCE EMPLOYEES FOR NOV, 2011 AS CONFIRMED BY ARNABJIT RAY OF THE NEW INDIA ASSURANCE CO. LTD, KRO. MASSIVE HIKE!

    ReplyDelete
  18. jogesh chandra pandaNovember 1, 2011 at 12:10 AM

    It was expected that DA from Nov-2011 will be more than 6% due to unprecedented price rise in all the commodities .My posting of 22-10-2011 has come true& actual DA rise is6.15% ie-41 slabs more

    ReplyDelete

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