:::::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 WORKING OUT PLAN TO MERGE BANKS

As per the news item appearing in Business Standard, Finance Ministry has started work on a road map to create Eight to Ten large entities of Public Sector Banks. According to the report, Mr. Ashok Chawla, Finance Secretary, Govt. of India is working on a concept note to provide the framework for consolidation. The report also says that the road map would plan for the next few years.
Source: http://www.business-standard.com/india/news/finmin-working-out-plan-to-merge-banks/373925/

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