:::::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:::::

BANKS RAISE RS 3.5 BN VIA CDS

Indian banks on Friday raised Rs 3.5 billion via certificates of deposit (CDs), Thomson Reuters data showed. 

 Central Bank of India raised Rs 3.25 billion by selling three-month notes yielding 7 per cent. Federal Bank raised Rs 250 million. The yield on the three-month Reuters CD benchmark rose to 6.90 per cent from Thursday's 6.85 per cent, and secondary volumes fell to Rs 2.3 billion from Rs 3.85 billion.

 Banks had issued CDs worth Rs 3.9 billion on Thursday. For the week to August 13, total CD issuance amounted to Rs 33.4 billion compared with Rs 40.8 billion a week earlier.

Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/finance/Banks-raise-Rs-35-bn-via-CDs/articleshow/6306133.cms

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

Labels:

0 comments

Post a Comment

Subscribe to: Post Comments (Atom)