The Indian Banks’ Association (IBA), on November 2, 2026, has fixed the Dearness Allowance (DA) for workmen and officer employees covered under the 11th Bipartite Settlement/8th Joint Note at 66.36% of pay for November 2026, December 2026, and January 2027.
The rate is based on the All India CPI for Industrial Workers (Base 1960=100) for July, August and September 2026, at 10,071.15, 10,150.04 and 10,222.35 respectively, resulting in an average CPI of 10,147.85 and 948 DA slabs.
Accordingly, DA has increased by 57 slabs compared with the previous quarter and will apply to employees who have yet to implement the 12th BPS/9th Joint Note dated March 8, 2024, under the 11th Bipartite Settlement/8th Joint Note dated November 11, 2020.
