:::::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:::::

FINANCE MINISTRY WANTS PUBLIC SECTOR BANKS TO TAKE THE MERGERS & ACQUISITIONS ROUTE

The Finance Ministry has once again come into open advocating for the Mergers and Acquisitions in Public Sector Banks. This time also they talked about the size of the balance sheet conveniently forgetting the naked truth that these small Indian Banks are not bankrupted in the recent worldwide economic crisis.What happened to the so called bigger banks in other part of the world is known to everybody.
Anyway, without going into the debate, we are providing a link here where Mr. Ashok Chawla, Finance Secretary has reiterated the need for Public Sector Banks to look for mergers and acquisitions in the next 5 - 10 years.
Link:
http://economictimes.indiatimes.com/news/news-by-industry/banking/-finance-/banking/FM-wants-PSBs-to-take-the-MA-route/articleshow/5070026.cms

http://economictimes.indiatimes.com/News/News-By-Industry/Banking/-Finance-/Banking/PSU-banks-should-look-at-merger-and-consolidation-Fin-Secy/articleshow/5069148.cms

Posted by C.B.O.A., A.P.

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