What was DA in 2015?
1/2/2015-E-II (B) Dated 10th April , 2015 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 113 % to 119 % with effect from 1st July, 2015.
What is DA in banking?
Bank employee Dearness Allowance in salary is a calculation of allowance paid to employees based on their work scale to compensate for the inflation, and this is calculated from a percentage of basic salary to mitigate the inflation on people.
Is Bank of America in all 50 states?
In commercial banking, Bank of America operates—but does not necessarily maintain retail branches—in all 50 states of the United States, the District of Columbia and more than 40 other countries.
What is the DA rate from July 2015?
Dearness Allowance Rates (DA Rates)
| Effective Rates | Rates of DA | |
|---|---|---|
| 01.07.2014 | 107% | DA OM |
| 01.01.2015 | 113% | DA OM |
| 01.07.2015 | 119% | DA OM |
| 01.01.2016 | 125% | DA OM |
What is DA rate from July 2016?
Is DA increase for bank employees?
Dearness Allowance (DA) rate hike for workmen and officer employees in banks from 01.05. 2022, as per 11th bipartite settlement: As per 11th bipartite settlement, the DA for bank employees, workmen and officers from 1st May 2022 increased to 33.04%, increment of 0.07% compared to last quarter.
What is the most common bank in America?
This includes branches and main offices.
- Wells Fargo is still the bank with the most branches in the U.S. In fact, about 6 percent of bank branches in America are Wells Fargo branches.
- The data shows the 15 largest banks account for around 37 percent of all locations.
What was DA in Dec 2015?
DA (Dearness Allowance) Calculation Based on AICPIN
| Month & Year | AICPIN (B.Y. 2001 = 100) | Sanctioned by Govt. |
|---|---|---|
| January 2015 | 113% | |
| June 2015 | 261 | |
| July 2015 | 119% | |
| December 2015 | 269 |