DA chart of bank sub-staff for the quarter of May-July 2020

On the basis of CPI data announced by the Labour Bureau for the period of January 2020 to March 2020, the average index number works out to 7486 (base 1960=100) or 761slabs(76.10%) for the above period. It means bank employees and officers are entitled to an increase of 2slabs (0.20%) for the ensuing quarter of May 2020 to July 2020.

Dearness allowance (DA) chart of sub-staff for the quarter of May 2020 to July 2020 is provided below.

				Revised	Old	increase
Stage	Basic	Spl.All.	Total	76.10%	75.90%	4.20%
1	9560	741	10301	7839.06	7818.46	20.60
2	9885	761	10646	8101.61	8080.31	21.29
3	10210	791	11001	8371.76	8349.76	22.00
4	10535	816	11351	8638.11	8615.41	22.70
5	10860	842	11702	8905.22	8881.82	23.40
6	11270	873	12143	9240.82	9216.54	24.29
7	11680	905	12585	9577.19	9552.02	25.17
8	12090	937	13027	9913.55	9887.49	26.05
9	12500	969	13469	10249.91	10222.97	26.94
10	12910	1001	13911	10586.27	10558.45	27.82
11	13400	1039	14439	10988.08	10959.20	28.88
12	13890	1076	14966	11389.13	11359.19	29.93
13	14380	1114	15494	11790.93	11759.95	30.99
14	14870	1152	16022	12192.74	12160.70	32.04
15	15440	1197	16637	12660.76	12627.48	33.27
16	16010	1241	17251	13128.01	13093.51	34.50
17	16580	1285	17865	13595.27	13559.54	35.73
18	17235	1336	18571	14132.53	14095.39	37.14
19	17890	1386	19276	14669.04	14630.48	38.55
20	18545	1437	19982	15206.30	15166.34	39.96
21	19200	1488	20688	15743.57	15702.19	41.38
22	19855	1539	21394	16280.83	16238.05	42.79
23	20510	1590	22100	16818.10	16773.90	44.20
24	21165	1640	22805	17354.61	17309.00	45.61
25	21820	1691	23511	17891.87	17844.85	47.02
26	22475	1742	24217	18429.14	18380.70	48.43
27	23130	1793	24923	18966.40	18916.56	49.85
28	23785	1843	25628	19502.91	19451.65	51.26

DA chart of bank sub-staff for the quarter of May-July 2020

Author: Surendra Naik

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