:::::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:::::

UCO BANK RAISES PRIME LENDING RATE BY 25 BASIS POINTS

UCO Bank raised its Benchmark Prime Lending Rate (BPLR) by 25 basis points to 12.50 percent from Aug 9.

 The bank has increased the interest rates for term deposit of different durations with effect from Aug 6.

 The new rates of interest for seven to 14 days deposit (Rs.15 lakh and above) is 2.50 percent, senior citizens will get 0.75 percent extra. Interest rates for one year and three years to less than five years, for an amount of less than Rs.15 lakh, have been increased to 6.75 percent and 7.25 percent respectively.

 Senior citizens would get 0.50 percent higher rate of interest in both the schemes.

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

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