:::::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:::::

LS APPROVES MERGER OF STATE BANK OF SAURASHTRA WITH SBI

The Lok Sabha on Monday post facto put its seal on merger of State Bank of Saurashtra with State Bank of India amid opposition from Left Parties.

The Bills to repal the State Bank of Saurashtra Act and amend the SBI (Subsidiary Banks) Act were passed by voice vote.

While placing the bill, Mr. Namo Narain Meena, Minister of State for Finance has said "The pay and allowances and service conditions of the employees of SBS will not be altered to their disadvantage." He also said that no branches of SBS were being closed as a result of the merger.

Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/LS-approves-merger-of-State-Bank-of-Saurashtra-with-SBI/articleshow/5337218.cms

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

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