Labour Bureau announces CPI (IW) index numbers for July, August, and September 2024.
July 2024=142.70 August 2024 =142.60 September 2024=143.30 Average index numbers for the above quarter is =142.86
Therefore DA payable to Officers, Clerical Staff, and Sub-staff of banks for the quarter November 2024 to January 2025 is 19.83% (the average index no. minus 123.03).
In the last quarter, DA paid @17.20 %, hence, the increase in DA for the ensuing quarter is 2.63 %
DA Chart:
Bank Officers DA for the Quarter of November 2024 to January 2025
Bank Clerical Staff DA for the quarter of November 2024 to January 2025
Bank Sub-staff DA chart for the quarter of for the Quarter of November 2024 to January 2025
The marginal cost of capital (MCC) is the total combined cost of debt, equity, and…
The weighted average cost of capital (WACC) is the average rate that a business pays…
The Reserve Bank of India (RBI) defines a personal loan as a type of unsecured…
A share is a unit of ownership in a company and has an exchangeable value…
The cost of debt is the interest rate a company pays on its debt, and…
This article explains the assumptions and key aspects of approaches to capital structuring, including the…