:::::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 TO ISSUE CIRCULAR ON NPA PROVISIONING SOON

Ms. Usha Thorat, Dy. Governor, RBI told to reporters that the RBI will be issuing circular on provisioning norms soon. This is as a sequel to the announcement made by Mr. D. Subba Rao, Governor, RBI, in the second quarterly review of the monetary policy in October 2009, when he said that there was need to increasing provisioing against bad assets to less than 70 per cent by September 2010.
Source: http://www.business-standard.com/india/news/rbi-to-issue-circularnpa-provisioning-soon/78448/on

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

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