:::::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 TO TAKE CUE FROM RBI POLICY TO DECIDE RATES: KOTAK

Mr. Uday Kotak, Vice-Chairman and Managing Director, Kotak Mahindra Bank said that banks might take cue from the RBI policy before effecting any change in their interest-rate structure. RBI, which is slated to announce its quarterly review of the monetary policy of this fiscal on January 29, is widely expected to hike its cash reserve ratio and policy rates to tackle inflation and suck out the excess liquidity from the system.


Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/Banks-to-take-cue-from-RBI-policy-to-decide-rates-Kotak/articleshow/5409584.cms

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

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