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Tuesday, September 4, 2018

CPI index for Industrial workers for July 2018 is 301.
i.e 10 points above June 2018.
It will translate into an increase of 67 slabs (6.7%) in D.A. for Bank employees.

However, This figure will vary according to CPI numbers for August and September.
However a steep hike in D.A. is on cards.

Is this a good news or bad news?

(Previous high is 49 slabs in Jan 2015 and 48 slabs in 2014)

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18 comments:

  1. UnknownSeptember 4, 2018 at 8:57 PM

    59 slab in nov 2009

    ReplyDelete
    Replies
    1. UnknownSeptember 4, 2018 at 11:30 PM

      Increase of 11.8% D.A at that time for 59 slabs n 0.20% per slab tha Nov 2009 me

      Delete
    2. Indian Bank KumarSeptember 11, 2018 at 10:18 AM

      At that time basic pay is less.
      Moreover there is only 0.18% per slab and not 0.20%.
      Comparing slab wise this time may, I repeat, may be the highest increase ever.

      Delete
  2. UnknownSeptember 4, 2018 at 11:28 PM

    Yes 59 Slabs

    ReplyDelete
  3. AnonymousSeptember 5, 2018 at 12:43 AM

    Dear Friends, settlement is already over. Because for next quarter, D.A. prediction is 6.7 to 7.2 %. So none other than this will be accepted by IBA. So our leaders will also be satisfied. Settlement is over. OK. Eppooodi......

    ReplyDelete
  4. UnknownSeptember 5, 2018 at 10:14 PM

    Last month there was a news that next round of talks between IBA and UFBU will take place in the IST week of September, but till date there is no confirmation from either side till date.Will some body can give the inside news.

    ReplyDelete
    Replies
    1. Atanu ChakrabortySeptember 9, 2018 at 8:43 PM

      My dear everything has been settled under Table. So eyewash will continue until 29th month comes. Until then wait.

      Delete
    2. AnonymousSeptember 10, 2018 at 12:53 PM

      Yes.

      Delete
  5. UnknownSeptember 8, 2018 at 11:24 AM

    Cross selling has become cross killing both for customers as well as officials.. Many officials lost their patience and vexed of cross selling. The commission/insentive which is giving up to GM/DGM/CGM levels must be stopped and it should be given to those officials who actually cross sell any insurance products.

    ReplyDelete
  6. UnknownSeptember 10, 2018 at 9:02 PM

    When is next meeting between IBA and UFBU

    ReplyDelete
  7. Mohinder Singh BathlaSeptember 11, 2018 at 4:14 AM

    Until the Retired Bankers be removed from negotiation team,a respectable settlement is not possible.as these leaders and IBA both are cheaters. Hence the Banker be attached with Pay commission to save from these cheaters.

    ReplyDelete
  8. AdminSeptember 16, 2018 at 1:20 PM

    Thanks for sharing...
    Latest about Bank updates, Bank wage revision news, Bank Exams, Financial results, Loan and Deposit rates in India..
    https://latestbankupdate.blogspot.com

    ReplyDelete
  9. AravindSeptember 18, 2018 at 3:56 PM

    What is the next date of meeting with IBA.Any improvement in pensioners issues

    ReplyDelete
  10. AnonymousSeptember 23, 2018 at 7:44 PM

    Sir, is there any possiblility of Old pension re-introduce in PSU/Nationalised Banks for employees joined after September 2015

    ReplyDelete