Dearness Allowance for Banks’ Workmen and Officer Employees for the months of May, June & July, 2013 – Increase of 26 slabs

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/76/D/2013-14/7111

2nd May, 2013

 
All Members of the Association
(Designated Officers)

 
Dear Sirs,

Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June & July 2013 under IX BPS/Joint Note dt. 27.4.10

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended March 2013 are as follows:-

Consequently, dearness allowance to employees is payable for 561 slabs for the period May, June & .July 2013 i.e. an increase of 26 slabs over the current level.

 

 
We advise banks to pay the difference between the old and revised salary and allowances to officers on an ad hoc basis, pending amendments to Officers’ Service Regulations.

Source: www.iba.org.in

Image of DA Order

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