Indian Banks’ Association
HR & INDUSTRIAL RELATIONS
No.CIR/FIR&1R176/D/G2/2013-14/7588
August 1, 2013
Designated Officers of all Nationalised Banks and
Associate Banks of State Bank of India
Dear Sirs,
Dearness Relief payable for the period August, 2013 to January, 2014 to surviving pre 1.1.1986 retirees of banks who are in receipt of Ex-gratia
As per the directive contained in the Government of India, Ministry of Finance Department of Economic Affairs (Banking Division) letter F.No.11/3/92-IR dated 26th November, 1998, the Dearness Relief payable to surviving pre 1.1.1986 retirees of banks for the period August 2013 to January 2014 will be as under :
| Period | Applicable CPI Average |
Amount of Ex-gratia per month |
Rate of Dearness Relief |
Amount of Dearness Relief per month |
Total Ex-gratia amount including Dearness Relief per month |
| Rs. | % | Rs. | Rs. | ||
|
August 2013
to
January 2014
|
5211 | 300 | 771.84 | 2316 | 2616 |
Yours faithfully,
sd/-
K UNNIKRISHNAN
DY. CHIEF EXECUTIVE
Source: http://www.iba.org.in/Documents/scan0013.pdf
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