:::::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:::::

PSBs SMELL MONEY IN MF,INSURANCE SALE

As per the report appearing in The Economic Times, Public Sector Banks are sensing an opprotunity to pocket additional fee income from selling financial products, mainly Mutual Funds. In the last couple of months, PSU Banks such as State Bank of India, Canara Bank and Bank of Baroda have beefed up their sales teams to focus on selling investment products. These banks are diverting some of their direct recruitees towards selling investment products so as to garner higher income.
Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance-/banking/PSBs-smell-money-in-MF-insurance-sale/articleshow/5241422.cms

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

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