:::::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:::::

UPWARD PRESSURE ON INTEREST RATES FROM Q2 NEXT FISCAL: KOCHHAR

According to Ms. Chanda Kochhar, CEO and MD of ICICI Bank, there would be upward pressure on interest rates from the second quarter of next fiscal. She said interest rates are not driven so much by policy announcements of RBI, but demand and supply of credit and level of liquidity. She also said that raise in interest rates would be gradual and would not hurt growth.


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

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