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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

sd/-
K UNNIKRISHNAN
DY. CHIEF EXECUTIVE

Source: http://www.iba.org.in/Documents/scan0013.pdf

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