:::::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:::::

BANKS TURN BACK TO RECURRING DEPOSITS

As per the report appearing in The Hindu Business Line, Banks which have been vying for CASA deposits, now turning their attention in building Recurring Deposit Base, which is neglected till now.
As per the report, Corporation Bank, Union Bank of India, Bank of India and Central Bank of India have renewed their focus on recurring deposits.
Central Bank of India plans to launch an Recurring Deposit product with an accident insurance feature later this month.
Source:http://www.thehindubusinessline.com/2009/11/08/stories/2009110851190100.htm

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