Indian Banks' Association
HR & Industrial Relations
No.ClR/HR&lR/76/D/2025-26/2083 May 3, 2025
All Members of the Association
(Designated Officers)
Dear Sir/ Madam,
Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June and July 2025 under Xll BPS/ 9TH Joint Note dated 08.03.2024
The confirmed All India Average Consumer Price Index for Industrial Workers (Base 2016 =100) for the quarter ended March 2025 are as follows:-
Janua 2025 143.2
Februa 2025 142.8
March 2025 143.0
The average CPI of the above is 143.00 and accordingly the number of points over 123.03 are 19.97 (143.0 - 123.03) The last average quarterly CPI was 144.23. Hence, there is a decrease of 1.23 points for May, June and July 2025.
In terms of clause 13 of the 12th Bipartite Settlement dated 08.03.2024 and clause 2 (i) of the Joint Note dated 08.03.2024, the rate of Dearness Allowance payable to Workmen and Officer employees for the months of May, June and July 2025 shall be 19.97% of ' pay' (0.01 % change in DA on 'pay' for change in every second decimal place of CPI 2016 over 123.03 points)
Yours faithfully,
World Trade Centre Complex, Centre I, 6th Floor, Cuffe Parade, Mumbai - 400 005. • Tel: 022 2217 4040 / 69234040 • Website: www.iba.org.in