:::::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:::::

CENTRAL BANK TO FINALISE RIGHTS ISSUE PLANS SOON

Central Bank of India is expected to finalise this week the contours of its proposed rights issue, its Chairman and Managing Director, Mr S. Sridhar, has said.

The rights issue is being planned to help the bank shore up its Tier-I capital to a minimum of 8 per cent.

“We will firm up the rights issue plans and announce details this week,” Mr Sridhar told Business Line when contacted. Mr Sridhar said that the board of Central Bank of India was yet to give its nod for the rights issue.

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