IBA issued Dearness Allowance for Bank Employees under the 9th Joint Note from November 2026 to January 2027

Nov 03, 2026 | by TeamLease RegTech Legal Research Team

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Industry Specific Compliance The Indian Banks’ Association (IBA), on November 2, 2026, has fixed the Dearness Allowance (DA) for bank workmen and officer employees at 31.33% of pay for November 2026, December 2026 and January 2027.

The rate is based on the All India CPI for Industrial Workers for July, August and September 2026, with an CPI of 153.2, 154.4, and 155.5, respectively, resulting in 31.33 points over the base of 123.03.

Accordingly, DA has increased by 3.50 percentage points compared with the previous quarter and will apply under the 12th Bipartite Settlement/9th Joint Note dated March 8, 2024.

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