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Daily Archives: October 30, 2015

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DA for the Bank employees and officers for November 2015 to January 2016

Bank NewsBy Surendra NaikOctober 30, 2015

On the basis of CPI data announced by the Government for the month of July, Aug & Sep 2015,  the Dearness Allowance (DA) payable for the period of Nov’15 to Jan’16  for Bank employees and Officers is an increase of 34 DA Slabs. Calculation of DA for the Quarter (July – Sep 2015) CPI for…

Name change in banks on account of marriage or otherwise

Savings BankBy Surendra NaikOctober 30, 2015

The Government of India has since amended the prevention of money laundering rules 2005, keeping in mind the problems faced by person who change their name due to marriage or otherwise, in submitting ‘officially valid documents’. In rule 2 (1) clause (d) of PML third amendment, an explanation is inserted which reads as under. “Explanation:…

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