:::::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:::::

SBI HAS ENOUGH LIQUIDITY TO FUND LOAN DEMAND: CHAIRMAN


State Bank of India , the country's largest lender, has enough liquidity to fund loan demand, Chairman Pratip Chaudhuri said on Wednesday.

Earlier in the day, it beat estimates with a 12.4 percent rise in quarterly net profit but higher non-performing assets disappointed investors and its stock fell 5 percent after the results.

India's central bank, which expects credit to grow by 18 percent in the full fiscal year, raised interest rates last month for the 13th time in a tightening cycle that began in early 2010 to fight persistently high inflation.

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

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