:::::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:::::

RBI STAKE IN NABARD DOWN TO 1%

The Reserve Bank of India divested its stake amounting to Rs 1,430 crore in National Bank for Agriculture and Rural Development on October 13. Following this, RBI's holding in the development financial institution has come down to one per cent.

The Government now holds 99 per cent of the stake, said a press release from RBI.

RBI had earlier held 72.5 per cent of equity in Nabard amounting to Rs 1,450 crore. The remaining shareholding of Rs 550 crore was with the Government of India.

SOURCE: http://www.thehindubusinessline.com/2010/10/15/stories/2010101553000600.htm

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

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