DA for bank employees is expected to increase by 3.3% for the quarter, August 2019 to October 2019.
Based on the CPI Data released for the month of April and May 2019, Dearness Allowance for bankers is expected to increase by 33 slabs. DA for the next quarter is estimated 678 slabs or 67.80% up from 645 slabs for the quarter May-Jun 19.
CPI for the month of April 2019nand May is 312 and 314 respectively. Assuming that CPI will remain at same level for the month of June 2019 also, DA will increase by 3.30%.
On the assumption that CPI will increase by 1 point, DA will increase by 3.50% and assuming that CPI will increase by 2 points, DA will increase by 3.70%.