:::::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:::::

GOVT TO INFUSE RS 184 CR IN PNB


The government will infuse Rs 184 crore in Punjab National Bank (PNB) as recapitalisation package to shore up the bank's equity capital.

The bank would issue over 15.09 lakh shares at a price of Rs 1,218.82 crore to the government, aggregating to Rs 184 crore.

The capital infusion is, however, subject to approval of the shareholders at the Extraordinary General Meeting, it said.

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