:::::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:::::

BANKS FIX BASE LENDING RATE BETWEEN 7-8 PER CENT

Smaller Indian banks have set their base lending rate between 7-8 per cent on Wednesday after State Bank of India set its base rate for loans at 7.5 per cent a day earlier.

IDBI Bank and Indian Bank said that they have fixed their base rate at 8 per cent while private lender Dhanalaxmi Bank set it at 7 per cent, effective July 1. Earlier in the day, state-run Bank of Baroda and Allahabad fixed their base rate at 8 per cent. 
On Tuesday state-run Punjab National bank and private lender Bank of Rajasthan also announced a base rate of 8 per cent.


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