Dearness Allowance in banks for Aug, Sep and Oct 2022 @ 36.82 % of pay: IBA Order dated 01.08.2022 is showing an increase in DA slabs of ’54’ i.e, 526 Slabs for payment of DA for the quarter August, September and October 2022

Indian Banks’ Association

HR & Industrial Relations

HR&IR/MBR/ 76/D/2022-23/ 1 1414

August 1, 2022

All Members of the Association
(Designated Officers)

Dear Sir/ Madam.

Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & October 2022 under XI BPS/ Joint Note dated 11.11.2020

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended June 2022 are as follows:-

April 2022 – 8394.82
May 2022 – 8480.28
June 2022 – 8493.43

The average CPI of the above is 8456.17 and accordingly, the number of DA slabs are 526 (8456 – 6352= 2104/4 = 526 Slabs). The last quarterly Payment of DA was at 472 Slabs.  Hence, there is an increase in DA slabs of ’54’ i.e, 526 Slabs for payment of DA for the quarter August, September and October 2022

In terms of clause 7 of the 11th Bipartite Settlement dated 11.11.2020 and clause 3 of the Joint Note dated 11.11.2020, the rate of Dearness Allowance payable to Workmen and Officer employees for the months of August, September and October 2022 shall be 36.82% of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

Yours faithfully,

Brajeshwar Sharma
Senior Advisor (HR&IR)

Download Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & October 2022 under XI BPS/ Joint Note dated 11.11.2020 PDF

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IBA Order

HR & Industrial Relations

HR&IR/MBR/76/D/ 2021-22/10866

February 1, 2022

All Members of the Association (Designated Officers)

Dear Sir/ Madam,

Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March and April 2022 under XI BPS/ Joint Note dated 11.11.2020

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended December 2021 are as follows:-

October 2021 – 8210.75
November 2021 – 8263.34
December 2021 – 8243.62

The average CPI of the above is 8239.24 and accordingly, the number of DA slabs are 471 (8239 – 6352= 1887/4= 471 Slabs). The last quarterly Payment of DA was at 434 Slabs. Hence, there is an increase in DA slabs of 37 i.e. 471 Slabs for payment of DA for the quarter February, March and April 2022.

In terms of clause 7 of the 11th Bipartite Settlement dated 11.11.2020 and clause 3 of the Joint Note dated 11.11.2020, the rate of Dearness Allowance payable to Workmen and Officer employees for the months of February, March and April 2022 shall be 32.97 % of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

Yours faithfully,

Brajeshwar Sharma
Senior Advisor (HR&IR)

Dearness Allowance for workmen and officer employees in banks February, March, April 2022 PDF

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BANK DA of Clerical Staff and Subordinate Staff

In substitution of Clause 7 of Bipartite Settlement dated 25th May 2015 with effect from 1st November 2017, the Dearness Allowance shall be payable as per the following rates:

Clerical and Subordinate Staff

0.07 % of ‘pay’ per slab of four points.

Note: Dearness Allowance in the above manner shall be paid for every rise or fall of 4 points over 6352 points in the quarterly average of the All India Average Working-Class Consumer Price Index General) Base 1960=100.

• It is clarified that there shall be no ceiling on Dearness
• Dearness Allowance shall be calculated and paid on the following components:
  • Basic Pay including Stagnation increments,
  • Special Pay,
  • Graduation Pay/ Professional Qualification Pay,
  • Special Allowance,
  • Transport Allowance and
  • Officiating Pay,

if any, payable under this settlement in respect of both clerical and subordinate staff.

Revised rates of Variable Dearness Allowance Minimum Wages for Sweeping and Cleaning Worker w.e.f 1st October 2020 – Central Government Employees News

• All other existing provisions relating to Dearness Allowance Scheme shall 

The total quantum of wage revision increase (Pay slip component) shall be 3385 crores being 15% of the Pay slip component of Establishment Expenses of Public Sector Banks which are parties to this settlement for the financial year ending March 2017.

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Revised Scales of Pay Clerical Staff and Subordinate Staff w.e.f 1st Nov, 2017: 11th BI-Partite Settlement Dtd. 11 Nov 2020

In modification of Clause 4 of Bipartite Settlement dated 25th May, 2015, with effect from 1st November, 2017 the scales of pay shall be as under:

Clerical Staff

Subordinate Staff

Note:

1. Fitment in the new scales of pay shall be on a stage-to-stage
2. There shall be no change in the dates of annual increments because of the
3. In the case of Ex-servicemen category employees who have joined the Banks on and after 1st November, 2017 up to the date of this Settlement, the fixation/ fitment in the pay scales already given/ eligible to be given under the Settlement dated 25th May, 2015 shall be refixed as per the provisions of this
4. All employees belonging to sub-ordinate cadre shall be eligible for one extra increment for passing JAIIB and two increments for passing CAIIB examination w.e.f 1.11.2017

Meeting at IBA Committee – signing the 11th Bipartite Settlement

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Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No. HR&IR/UFBU/XIBPS/9289
November 5, 2020

Shri Sanjeev K Bandlish
Convenor
United Forum of Bank Unions (UFBU) &
General Secretary
National Confederation of Bank Employees
C/o State Bank of India, LHO; Plot No.1, Sector-17A
Chandigarh-160 017

Dear Sir,

Meeting at IBA Committee Room on 9^th November, 2020 at 11.30 a.m.

As you are aware that the cost sheets for Officers Associations & Workmen Unions have already been signed, it should be our joint endeavor to move forward towards signing the 11th Bipartite Settlement/Joint Note.

AIBEA Circular – BIPARTITE TALKS WITH IBA ON 31-10-2020 – MOVING TOWARDS FINAL SETTLEMENT

2. Hence, with the approval of the Chairman of the Negotiating Committee of IBA Shri RajKiran Rai G, it is decided to hold a meeting of the constituents of UFBU (except BEFI) on Monday, 11.30 a.m., 9th November, 2020 at IBA Committee Room, Cuffe Parade, Mumbai.
3. Any residual or common issues may be discussed in the meeting, with the permission of the Chair. We request you to please make it convenient to attend the same along with the other representatives of UFBU (Annexure I)

Bipartite Settlement and Workmen Unions and Officers Associations on pending wage revision settlement issue

Please acknowledge

Yours faithfully,
Sd/-
SK Kakkar
Senior Advisor (HR&IR)

Source: IBA

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Indian Banks’ Associations(IBA)

HR & INDUSTRIAL RELATIONS
No.HR &IR/UFBU/XIBPS/5870

September 15, 2018

Shri Sanjay K LUANDA
Convenor
United Forum of Bank Unions (UFBU) &
General Secretary
National Confederation of Bank Employee,
C/o State Bank of India. LHO
Plot No 1, Sector-17A
Chandigarh-160 017

Dear Sir,

Wage Negotiation: Negotiating Committee Meeting with Unions/ Associations

It has been decided in consultation withthe Chairman, Negotiating Committee of IBA. to hold next meeting ofNegotiating Committee of IBA with the representatives of Constitute & Workmen Unions/ Officers’ Associations on Saturday, 29th September 2018 at 10:00 am in the Committee Room of IBA, World Trade Centre,Cuffe Parade, Mumbai.

2. You are,therefore,requested to please convey suitably to the General Secretaries ofConstituent Workmen Unions/ Officers’ Associations of UFBU to make itconvenient to attend the meeting by their authorized representative (a)as under:

3. Kindly confirm participation with details of the participants.

Yours Faithfully,

Senior Advisor (IIR &IR)

Source : www.bipartitesettlement.com

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