:::::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:::::

BOI SLASHES RATES FOR LARGE FIXED DEPOSITS

Bank of India (BoI) slashed rates by up to 75 basis points on fixed deposits of Rs 1 crore and above. The revised interest rates on Domestic Rupee Term Deposits of Rs 1 crore and above will be applicable for various periods on fresh deposits and on renewal of maturing deposits wef 15.04.2010. 

For deposits of at least Rs 1 crore for one or two year maturity, the bank cut the rate to 6 per cent from 6.75 per cent, while for those with a maturity period of 2-3 years, the rates have been lowered from 6.75 per cent to 6.25 per cent. 

Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/BoI-slashes-rates-for-large-fixed-deposits/articleshow/5811207.cms

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

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