:::::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:::::

IDBI BANK HIKES DEPOSIT RATES ON SELECT MATURITIES BY 25 BPS

IDBI Bank has hiked deposit rates by 25 basis points in select maturities, with effect from February 15. This is in line with the bank's plan to increase its share of low-cost deposits. The bank has also re-launched the 500 days fixed deposit at an interest rate of 7 per cent.

With this revision the rates have been restored to pre-November 2009 levels, in most of the buckets.

Source: http://www.thehindubusinessline.com/2010/02/11/stories/2010021152230600.htm

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

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