:::::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:::::

FM TO MEET PSU BANK CHIEFS, CMS

Efforts to step up financial inclusion, statewise credit flow to agri sector and progress of Centrally sponsored schemes are likely to top the agenda when Chief Ministers of Western states and PSU bank Chiefs meet Finance Minister Pranab Mukherjee at Mumbai on 28.06.2010.

The FM will also discuss economic issues concerning the country and states, credit-deposit ratio, loans to the weaker sections and the implementation of direct tax code in the meeting. Besides bank heads, officials from Nabard, Sidbi, IIFCL and Exim Bank will also participate in the meeting.

Mukherjee will also discuss the issue of using the network of state-run banks for implementing the "aam admi bima yojana", which is a scheme for rural landless households, in which one member of the family is entitled to a Rs 30,000 life insurance cover. The states and the Centre equally share the Rs 200 premium.

This meeting is a significant departure from normal practice where such meetings are usually held in Delhi or in the major metropolitan cities. The meeting will also debate on the steps taken to achieve the budgeted target of Rs 3,75,000 crore bank credit to farmers this year, Rs 50,000 crore more than last year.
        
A roadmap to ensure that every village with a population of more than 2,000 has a bank branch or a business correspondent ? an authorised agent who can carry out banking activities on behalf of a bank ? would also be discussed.


0 comments