DA for bank employees for the month of May, June and July 2012
Dearness allowance for workmen and officer employees in banks for the months of May, June and July, 2012 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 2012 are as follows…
January 2012 – 4519.53
February 2012 – 4542.35
March 2012 – 4588.01
Consequently, dearness allowance to employees is payable for 428 slabs for the period May, June and July 2012 i.e. an increase of 8 slabs over the current level.