:::::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:::::

CANARA BANK TO RECRUIT 4,000 BY JUNE

According to Mr. S. Raman, Chairman and Managing Director, Canara Bank expects to recruit around 4,000 people by June next year.

At present, Canara Bank employs 42,363 people. The bulk of the recruitment would be in the clerk grade - around 2,000 employees - and 1,000 employees in the officers' cadre.

At present, business per employee is at Rs 10.6 crore in the second quarter of 2010-11 from Rs 8.4 crore last year. Profitability per employee jumped by Rs 3 lakh to Rs 10 lakh in the second quarter of 2010-11 against Rs 7 lakh a year-ago, which the bank expects to enhance further.

Canara Bank expects to hire around 700 investment officers who would sell insurance and mutual fund products. These investment officers would work under contract basis and not be on the bank's roll.

SOURCE: http://www.thehindubusinessline.com/2010/10/27/stories/2010102752940600.htm

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

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