:::::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 SEEKS BANKING OPERATIONS IN ALL VILLAGES BY MARCH 2012

The Reserve Bank of India (RBI) asked banks to draw a roadmap to provide financial services to all villages with a population of over 2,000 by March 2012, not necessarily a bank branch. As part of the RBI's strategy on financial inclusion, there would be an intermediate target to be achieved by March 2011. Banks would have to harness technology and innovate low-cost business models to accomplish the target in as many of the 600,000 villages across the country. The RBI has asked the banks to include criteria on financial literacy and financial inclusion in the performance evaluation of their filed staff.

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

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