:::::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:::::

SBI NOT TO HIKE LENDING RATES NOW: O.P. BHATT

Mr. O.P. Bhatt, Chairman, SBI said that the bank has no plans to hike lending rates immediately, and would wait for further signals from the Reserve Bank to arrive at any decision. He noted that there was sufficient liquidity in the banking system currently. 


The RBI on 19.3.2010 raised repo and reverse repo rates (short-term lending and borrowing rates) by 0.25 per cent each to 5 per cent and 3.75 per cent, respectively.


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

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