:::::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:::::

CUT INTEREST RATES TO SUSTAIN RECOVERY : FICCI

FICCI recently conducted a business confidence survey for the second quarter of the current fiscal and drew responses from more than 350 companies, with turnovers upto Rs.1,00,000 crore. The survey said that the business confidence grew among the companies due to the current and expected performance of the overall economy. While the overall business confidence index increased to 71 points for the July-September 2009 period, it was at 65.4 for the first quarter of the current fiscal.

The survey also siad that an interest rate cut of about 2.6% is needed to sustain the growth momentum. Along with these, the industry is also looking forward to an accommodative monetary policy, apart from continuance of the fiscal stimulus packages.

Source: http://economictimes.indiatimes.com/news/economy/finance/Cut-interest-rates-to-sustain-recovery-FICCI/articleshow/5324923.cms

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

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