:::::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:::::

KOTAK MAHINDRA BANK UPS BPLR, BASE RATE BY 0.25% EACH

Kotak Mahindra Bank , today said that it has upped its base rate by 0.25 per cent to eight per cent.

The bank has also hiked its Benchmark Prime Lending Rate (BPLR) by 0.25 per cent to 16.75 per cent.

The revised rates are with effect from today. All categories of loans (other than the exceptions permitted by RBI) will henceforth be priced with reference to the revised base rate.

Changes in the base rate from the current level of eight per cent per annum will be conveyed from time to time.

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

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