:::::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:::::

BOI HIKES DEPOSIT RATES BY 25-75 BPS


Bank of India has raised interest rates by 25-75 basis points on fixed deposits of select maturities with immediate effect.

For deposits of less than Rs 15 lakh, having maturity of 7-14 days, the revised rate is 4 per cent (2.5 per cent); 15-30 days, 4.5 per cent (2.75 per cent); 31- 45 days, 5.5 per cent (3 per cent); and 46-90 days, 5.5 per cent (4 per cent).

For deposits of two years to less than three years, the revised rate is 9 per cent (8.25 per cent); three years to less than five years, 8.5 per cent (7.75 per cent); 1,111 days fixed, 9 per cent (8.25 per cent); and five years to less than eight years, 8.75 per cent (8.5 per cent)

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