:::::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:::::

UNION BUDGET 2010; RECAP PLAN, FARM LOAN WAIVER CHEER BANKING SECTOR

While presenting the Union Budget 2010, Mr. Pranab Mukherjee, Finance Minister said that the banks would be provided with 165-billion rupees under recapitalisation plan. He also said that  the government would extend the repayment period under one-time settlement (OTS) scheme on farm loan repay by six months to June 2010 and raised interest subvention to 2 per cent, from one per cent.


The recapitalisation would enable banks to maintain minimum capital adequacy ratio at 8% in Tier I capital by March 31, 2011.


Source: http://economictimes.indiatimes.com/news/news-union-budget/Union-Budget-2010-Recap-plan-farm-loan-waiver-cheer-banking-sector/articleshow/5620871.cms



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

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