:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

CBOA, AP CIRCULAR NO. 25 DATED 03.08.2010

CBOA, AP issued its circular No. 25 on Dearness Allowance payable to officers from 1st August 2010 to 31st October 2010. We are placing the same here for our readers.

Circular No. GS: 2010: 025                   Date: 03.08.2010

TO ALL OFFICERS

Dear Friends,

We reproduce hereunder the CIRCULAR No. 108 dated 31-07-2010 received from A.I.B.O.C. for your information.

With best regards,                                                       
Yours sincerely
Sd/-
(C.A. MALLIKARJUNA RAO)
GENERAL SECRETARY

“DEARNESS ALLOWANCE

The Index Numbers for the quarter ended June 2010 are as under:

 Month                               Index as per             Conversion               Index as per
                              2001 series             Factor                     1960 series

April    2010                        170               4.63 x 4.93               3880.40
May    2010                        172               4.63 x 4.93               3926.05
June    2010                        174               4.63 x 4.93               3971.70
                                                             
                                                              Total                        11778.15
                                        
                                         Average =      11778.15/3               3926.05
         
Difference in excess of 2836 points                                1090.05
         
D.A.paid for the previous quarter on (i.e. 264x4)              1056.00                  
         
Difference                                                                   34.05
         
Increase in number of Slabs =     34.05/4   =                  8.51                                       
         
Accordingly, Dearness Allowance is payable to Officers on 272 (i.e. 264+8) slabs with effect from 01-         08-2010 as against 264 slabs for the previous quarter.

The rates of Dearness Allowance at various stages of basic pay are furnished overleaf.

The rates worked out are as per the industry level scales upto Scale VII including SBI.

With greetings,
Sd/-
(G.D. NADAF)
GENERAL SECRETARY

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