:::::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:::::

LENDING RATES WILL BE STABLE FOR 5-6 MONTHS: BHATT

Mr. O.P. Bhatt, Chairman, State Bank of India said that banks' lending rates were expected to remain stable in the next 5-6 months because of the slow credit offtake despite RBI hiking the CRR by 75 basis points.

Mr. Bhatt agreed that calculation of interest rate in Savings Accounts on daily basis from April onwards would have implications on interest expended by the bank on these savings accounts.

Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/finance/Lending-rates-will-be-stable-for-5-6-months-Bhatt/articleshow/5605576.cms

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

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