11th BPS Settlement is agreed with 15% hike for bankers effective from 01st Nov 2017. The arrears to be paid to the bank employees by their respective banks as per the agreement made in the concluded meeting on 22nd July 2020. There is a lot of confusion in calculating the Dearness Allowance for the various periods since 01-11-2017. Check out the out the various DA rates from 1st Nov 2017 including retirees.
Also Read – Calculate your salary with 15% hike
