:::::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:::::

BANK CREDIT GROWS BY 23% TO RS.3,810,445 CR. IN FEB FORTNIGHT


Aided by increase in disbursements, bank credit has gone up by Rs 25,875 crore during the fortnight ended February 25, 2011.

According to the latest data by the Reserve Bank of India (RBI), bank credit grew by 23.2% on a year-on-year basis at the end of February 25 to Rs 3,810,445 crore.

RBI has targeted a credit growth of 20% and deposit growth of 18% for this financial year. The central bank had flagged concerns over the widening gap between the incremental credit and deposit ratio. While credit growth has remained robust during the year, banks have not been able to mobilise deposits.

SOURCE: http://articles.economictimes.indiatimes.com/2011-03-10/news/28675645_1_deposit-growth-deposit-rates-credit-growth

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

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