:::::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:::::

CORPORATION BANK NEEDS RS.6000 CR. OF CAPITAL IN 3 YEARS

According to Mr. J.M. Garg, Chairman and Managing Director, Corporation Bank requires Rs 6,000 crore of capital in the next three years to meet credit growth. The bank plans to raise about Rs 1,000 crore via combination of Tier-I and Tier-II capital in the first quarter of FY11. The bank is targetting loan growth of 25 percent in the next fiscal.

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

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