:::::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:::::

ICICI SAYS IT IS STILL THE 2ND LARGEST BANK

ICICI Bank on Friday claimed that it continues to be the second largest bank in the country in terms of total assets, which it described as a "relevant" measure for ranking.

 The statement came in the wake of Punjab National Bank declaring its total business, comprising total deposits and loans, worth over Rs 4,35,000 crore for fiscal 2009-10, which is higher than the total business of ICICI Bank at Rs 3,83,223 crore for the same fiscal.

Mr. Rahul Virkar, ICICI Bank spokesperson said "ICICI Bank continues to be the second largest bank in the country by assets. The total book-size of the bank at March 31, 2010, was Rs 3,63,400 crore." The total assets of state-run Punjab National Bank (PNB) is Rs 2,96,643 crore, ICICI Bank said in the statement.

 "In terms of balance sheet size, ICICI Bank is larger, since banks extend loans as well as make investments. Hence, for defining 'second largest lender' it is assets which are relevant (rather than advances and deposits)," ICICI said.

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

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