:::::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 TO RAISE RS 20,000 CR VIA RIGHTS ISSUE

According to Mr. O.P. Bhatt, Chairman, SBI, the bank is planning to mop up Rs 20,000 crore from rights issue by this fiscal end.
  On the liquidity in the system, SBI said it will remain tight in June due to payment towards 3G spectrum auction and expected outgo for broadband wireless access (BWA). However, the liquidity position should ease by next month.

 Over Rs 67,000 crore was paid by telecom operators for spectrum for third generation telephony. The BWA auction so far will lead to cash outgo of Rs 34,000 crore.

Source: http://economictimes.indiatimes.com/articleshow/6028404.cms

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

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