:::::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:::::

NO INTEREST RATE HIKE LIKELY IN SIX MONTHS: SBI

Mr. O.P. Bhatt, Chairman, State Bank of India told that there would not be hike in lending rates in the next six months despite inflationary pressure because of surplus liquidity in the market and rising deposits. He also said that there was a good amount of liquidity in the market and the credit offtake was slowly picking up.

On mergers of associate banks, Mr. Bhatt told that it was a process of restructuring within the family.

Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/No-interest-rate-hike-likely-in-six-months-SBI/articleshow/5391180.cms

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

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