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.