:::::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:::::

IDBI BANK RAISES BPLR, BASE RATE ON HIGHER COST OF FUNDS

IDBI Bank said it will raise base rate by 50 basis points to 9 percent and benchmark prime lending rate by 25 basis points to 13.75 percent on higher cost of funds, effective Jan. 1.

It has also raised retail term deposit rates by 25 to 100 basis points in different maturity buckets, effective Dec. 15.

SOURCE: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/idbi-bank-raises-bplr-base-rate-on-higher-cost-of-funds/articleshow/7091831.cms

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

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