:::::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:::::

BANK CREDIT INCREASES BY RS 31,531 CR

Bank credit increased by Rs 31,531 crore in the fortnight ended September 10, according to the data released in the scheduled banks' statement of position.

Outstanding bank credit as on September 10 was at Rs 33,82,927.80 crore. For the fortnight ended August 27, bank credit had fallen by Rs 13,114.6 crore to Rs 33,51,396.16 crore. On a year on year basis, credit growth in the banking system is less than 20 per cent till now. Investments by banks in government and other approved securities fell by Rs 17,299.14 crore to Rs 14,39,883.05 crore.

Deposit collections were up by Rs 20,465.37 crore to Rs 46,90,703.28 crore as banks raised deposit rates to garner funds.

Source: http://www.thehindubusinessline.com/2010/09/23/stories/2010092351490600.htm

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

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