DA for Bank Employees from August 2018
All India Consumer Price Index Numbers for Industrial Workers – CPI(IW) for June 2018 increased by two point and pegged at 291, based on the DA Calculation formula the DA for bank employees as on June 2018 is 54.1%.
As per the calculation 1.2% increase from August 2018 is confirmed. DA for Bank Employees is increased by 12 slabs from August 2018 to October 2018.
However we have to wait for the official confirmation.
DA Calculation Sheet for Bank Employees
