Likely - Projected Dearness Allowance - DA - for PSB Bankers from February 2015

Presently Dearness Allowance ( DA ) for Bank employees including SBI is 109.8% which is for the monthly salary of November 2014, December 2014 and January 2015.

For the next three months which is February 2015, March 2015 and April 2015 the DA is likely to be stagnant or may even fall from the present levels of 109.8% of the basic pay.

As per data released for consumer price index CPI for October and November 2014 is 5774.95 and for December it is likely to be same or fall below to levels of 5750 as projected by our research team.

So for both Clerical and Officer staff of Public sector banks , Old generation private sector banks and State Bank of India ( SBI ) the Dearness allowance is very likely to be at the present levels which is 109.8%

Please also note that there can be even a fall in the DA level for bankers in tune of 0.25% to 0.75%