:::::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:::::

INTEREST ON S/B DEPOSITS ON DAILY BASIS FROM APR: RBI

 RBI on Friday asked banks to start calculating interest rates on Savings Accounts on a daily basis from April 1. The move will enable saving bank account holders to earn better interest rates since banks currently calculate interest on these accounts on the lowest available balance from 11th and the last date of a month.


Source: http://economictimes.indiatimes.com/personal-finance/savings-centre/savings-news/Interest-on-S/B-deposits-on-daily-basis-from-Apr-RBI/articleshow/5593819.cms

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

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