:::::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:::::

RBI'S CRR HIKE TO HAVE MINIMAL IMPACT ON BANK EARNINGS: MOODY'S

In its quarterly monetary policy review on January 29, the RBI had announced a 0.75 per cent raise in the cash reserve ratio (CRR). However, according to Moody's, the Global Credit Rating Agency, CRR hike would have "negligible impact" on bank earnings with an immediate effect of around 3-5 bps on their net interest margins.


Source: http://economictimes.indiatimes.com/news/economy/indicators/RBIs-CRR-hike-to-have-minimal-impact-on-bank-earnings-Moodys/articleshow/5548746.cms

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

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