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DA for Bank Officers from November 2018 to January 2019

As per Labour Bureau, CPI for the month of July 2018, August 2018 and September 2018 is 301,301 and 301 respectively. Accordingly, DA for bank employees and officers is increased by 66 slabs for the months of Novemeber 2018 to Janaury 2019. That means an increase of DA by 6.6 % from the existing 54.10%.…

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DA for Bank employees from November 2018 to January 2019

As per Labour Bureau announcement CPI for the months of July 2018, August 2018 and September 2018 are 301,301 and 301 respectively. Accordingly, DA for bank employees and officers is increased by 66 slabs for the months of November 2018 to January 2019. That means an increase of DA by 6.6 % from the existing…

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DA for Bank Sub-staff from November 2018 to January 2019

As per Labour Bureau, CPI for the month of July 2018, August 2018 and September 2018 is 301,301 and 301 respectively. Accordingly, DA for bank employees and officers is increased by 66 slabs for the months of Novemeber 2018 to Janaury 2019. That means an increase of DA by 6.6 % from the existing 54.10%.…

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DA on Special allowances of Bank Staff

As per Labour Bureau, CPI for the month of July 2018, August 2018 and September 2018 is 301,301 and 301 respectively. Accordingly, DA for bank employees and officers is increased by 66 slabs for the months of November 2018 to January 2019. That means an increase of DA by 6.6 % from the existing 54.10%.…

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What are FOB value and CIF Value?

The export order received by an exporter from a foreign buyer may be on FOB terms, CIF firms, and CIP or CPT terms are among the most common of the 12 international commerce terms (incoterms) established by the International Chamber of Commerce (ICC) in 1936. These are international shipping agreements used in the transportation of…

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What is Basel III, why it is important?

The Basel III rule introduced several measures to strengthen the capital requirement of banks across the globe and presented more capital buffers to supplement the risk-based minimum capital requirements. This is to ensure that adequate funding is maintained in case there are other severe banking crises.The Reserve Bank of India introduced Basel III norms in…

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