:::::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:::::

RBI ANNOUNCED SECOND QUARTER REVIEW OF MONETARY POLICY 2009-10

RBI has announced its second quarter review of monetary policy 2009-10 on 27.10.2009, keeping the repo rate, reverse repo rate and the CRR unchanged while increasing the SLR from 24% to 25%.

As per the reports, the increase of SLR by1% will not have much impact on the banks on liquidity front as most of the banks hold government securities in excess of the requirement.
A link to the full text of press release by RBI is provided here.



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

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