:::::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 HIKES MOBILE TRANSACTION LIMITS, ALLOWS FUND TRANSFERS

Reserve Bank of India (RBI) increased the cap on daily mobile transactions to Rs.50000/- per day from earlier limit of Rs.5000/- a day for fund transfers and Rs.10000/- a day for purchases. RBI has also permitted banks to allow transactions without end-to-end encryption up to a limit of Rs.1000/- and asked banks to make provision for adequate security measures.

Source: http://www.thehindubusinessline.com/2009/12/25/stories/2009122552000400.htm

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