:::::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:::::

PUNJAB NATIONAL BANK PLANS TO ACQUIRE MAJORITY STAKE IN KAZAKHSTAN-BASED BANK

Mr. K.R. Kamath, Chairman & Managing Director, Punjab National Bank has said that it plans to acquire a majority stake in a Kazakhstan-based bank to expand its presence in Central Asia. Subject to RBI's approval, PNB wants to pick up 74% stake in a bank called Dana Bank.
PNB also wants to set up a Bank in Bhutan with local partner whereas it has received RBI's approval to set up a subsidiary in Vancouver. It will also upgrade its representative office in Shanghai, China to a branch.
Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance-/banking/PNB-plans-to-acquire-majority-stake-in-Kazakhstan-based-bank/articleshow/5255107.cms

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

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