:::::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:::::

GOVT. BANKS BEAT PVT. PEERS IN LOAN, DEPOSIT GROWTH

According to the data released by RBI, Public Sector Banks have improved their respective market share in both deposits and advances during the quarter ended September 2009. While the nationalised banks increased their share in deposits to 50.5% from 48.6% in the previous comparable period, the State Bank group increased its market share to 23.8% (23.2%). On the other hand, Private Sector and Foreign Banks have lost their respective shares in deposits to 17.1% (19.4%) and 5.6% (5.8%) respectively.


The share of nationalised banks in credit improved to 50.5% (47.9%), SBI group improved to 23.7% (23.4%), while the Private and Foreign Banks saw their shares dip to 17.8% (19.3%) and 5.5% (7.2%).


Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/finance/Govt-banks-beat-pvt-peers-in-loan-deposit-growth/articleshow/5450205.cms

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

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