:::::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:::::

BANKS RETURNING TO RETAIL ADVANCES

Due to lower credit offtake by the large borrowers and the ample liquidity in the system, Public Sector Banks are cautiously increasing their focus on the retail segment. Many banks have now launched marketing campaigns for their retail products such as home loans, vehicle loans, gold loans/sale of gold coins, educational loans and personal loans.

For most of the banks, housing loans are driving growth in retail advances with many banks offering housing loans at 8%.

Source: http://www.thehindubusinessline.com/2010/01/11/stories/2010011150640600.htm

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

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