:::::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:::::

SYNDICATE BANK HIKES DEPOSIT RATE TO 8.5 PER CENT

Syndicate Bank announced raising of interest rate on term deposit above Rs one crore by 75 basis points to 8.5 per cent.

Term deposit above Rs one crore with maturity period between 3-5 years has been increased by 75 basis points to 8.5 per cent.

The new rate would be effective from December 2, 2010. However, interest rate on other maturity slabs is unchanged.

Other lenders like Punjab National Bank, Allahabad Bank , State Bank of Bikaner and Jaipur raised deposit rates on select maturity earlier this week to attract more resources.

SOURCE: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/Syndicate-Bank-hikes-deposit-rate-to-85-per-cent/articleshow/7034759.cms

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

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