:::::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:::::

SBI GETS GOVT. NOD FOR ACQUIRING STATE BANK OF INDORE

Govt. of India has given its approval to SBI to initiate the process of acquiring State Bank of Indore.
SBI has already initiated the process and State Bank of Indore had also informed the Bombay Stock Exchange on October 31, 2009 that its board had approved the proposed acquisition of the bank by SBI, including a share exchange ratio proposing allotment of 34 equity shares of SBI in lieu of every 100 equity shares of State Bank of Indore.
Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/SBI-gets-govt-nod-for-acquiring-State-Bank-of-Indore/articleshow/5300583.cms

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

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