:::::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:::::

CREDIT OFFTAKE REMAINS SUBDUED AT 11% IN 2009

As per the data released by Reserve Bank of India, the credit offtake remained subdued at 11% during the one year period ending December 18, compared to 24% during 2008, indicating the economic activity to fully pick up momentum. The banking credit during the year showed an increase of Rs.2.92 lakh crore, down from Rs.5.12 lakh crore in the previous year.

However, analysts feel that credit offtake should rise in the remaining months of the current fiscal, with a pcik up in economic activities.

Source: http://www.business-standard.com/india/news/credit-offtake-remains-subdued-at-11-in-2009/81935/on

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

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