Likely Bank D.A. from Feb'13 : A sum up
Like every time we are being flooded by queries from bankers about the probable D.A. for Feb/Mar/Apr 2013. As you are aware that D.A. is calculated on AICPIN data for the last three months, i.e., Nov, Dec and Januray , it is too early to calculate anything. We have only November data published and the December figure will be made available on the last working day of this month. Then only we can make some prediction and do the anticipated calculation. Based on the current trend of inflation,there is a possibility of significant increase but we have to wait a little longer to predict anything.
The next index of CPI-IW for the month of November, 2012 will be released on Monday, December 31, 2012
source-http://paycommissionupdate.blogspot.in/2012/12/likely-bank-da-from-feb13-sum-up.html
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