:::::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:::::

RBI WILL ACT IF THERE'S STRAIN ON LIQUIDITY: GOKARN


The Reserve Bank of India (RBI) will take action to ease any strain on liquidity, a deputy governor of the bank said on Tuesday, adding the central bank’s objective is to manage liquidity.

"The RBI does not target yields. Our objective is to manage liquidity. If we find there is stress on liquidity, we would take action to ease the stress, not with direct objective to target bond yields," Subir Gokarn told reporters on the sidelines of a banking event.

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

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