:::::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:::::

INDIAN BANKS RAISE RS 11 BN VIA CDS

Indian banks raised 11 billion rupees through certificates of deposit (CDs) as against 10.04 billion rupees.

 Yield on the three-month Reuters CD benchmark was at 7.25 per cent, unchanged from Friday's level, and secondary market volumes fell to 3.2 billion rupees from 9 billion rupees on Friday.

 Vijaya Bank raised 1.25 billion rupees through three-month notes at 7.33 per cent. ING Vysya Bank raised 2.5 billion rupees through notes maturing on Jan. 16 at 7.40 per cent.

 Syndicate Bank raised 7.25 billion rupees via notes maturing on March 11 at 7.65 per cent.

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

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