DA hike for bank employees: Dearness allowance from May to July 2024 announced; latest update on 5-day bank workweek

Dearness allowance for May, June and July 2024 was announced for the bank employees. The calculation of dearness allowance for bank employees was revised early this year. A new pay scale has been constructed for the employees of the public sector banks after merging with DA earlier. What will change in dearness relief for the pensioners of PSU banks? What is the latest update on the 5-day work week of the PSU banks? All you need to know