Dearness Allowance Increased by 4.27% For Public Sector Bank Employees

The Dearness Allowance for the Public Sector Bank Employees have been increased by 4.27% to 48.51% from the month of Nov 2023.  The DA slabs has increased by 61 Slabs. The new dearness allowance payable to employees of the public sector banks starting from November month will be 48.51% of the basic pay. Check out the increase in the salary of each scale for the months of Nov, Dec & Jan will be:

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