Saturday, January 30, 2016

Dearness Allowance – 28 Slabs (2.80%) more from February 2016 for Bank

Dearness Allowance – 28 Slabs (2.80%) increased from February 2016

DA chart for the months of February 2016 to April 2016
426 slabs :: DA Rate 42.60%

Officers

Clerical

Sub-Staff

Basic
D.A.
Increase
Basic
D.A.
Increase
Basic
D.A.
Increase

Officers up to Scale III

11,765
5,400.31
354.95
9,560
4,388.18
288.43
23,700
10,878.66
715.03
12,420
5,700.97
374.71
9,885
4,537.36
298.23
24,680
11,328.49
744.60
13,075
6,001.62
394.47
10,210
4,686.54
308.04
25,660
11,778.32
774.16
13,730
6,302.28
414.23
10,535
4,835.72
317.84
26,640
12,228.16
803.73
14,545
6,676.37
438.82
10,860
4,984.90
327.65
27,620
12,677.99
833.30
15,360
7,050.47
463.41
11,270
5,173.10
340.02
28,600
13,127.83
862.86
16,175
7,424.57
488.00
11,680
5,361.30
352.39
29,580
13,577.66
892.43
17,155
7,874.40
517.57
12,090
5,549.49
364.76
30,560
14,027.50
922.00
18,135
8,324.24
547.13
12,500
5,737.69
377.13
31,705
14,553.07
956.54
19,115
8,774.07
576.70
12,910
5,925.88
389.49
32,850
15,078.64
991.08
20,095
9,223.91
606.27
13,400
6,150.80
404.28
34,160
15,679.95
1,030.61
21,240
9,749.48
640.81
13,890
6,375.72
419.06
35,470
16,281.26
1,070.13

...

Friday, January 15, 2016

SBI denies its 'Buddy' was hacked(Jan 14, 2016)

         The State Bank of India on Wednesday denied that its wallet app Buddy had been hacked to siphon off money, and blamed telecom service providers for making it look so. ET, on Tuesday, quoted CID sleuths as having arrested seven persons for allegedly using fake SIM cards and trespassing into customer’s accounts. “There is no incidence of any breach or hacking of SBI's security systems or wallet applications,” said MK Rekhi, general manager (corporate communications), SBI, in a statement.
         “It’s an error to show a case of improper KYC authentication by telecom service providers, as hacking of wallet applications.” The statement added: “All our product and systems undergo rigorous tests before being launched and there is a system of on-going monitoring and testing, which prevents any hacking and ensures safe banking experience by our customers.”