:::::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:::::

NEAR-TERM RATE HIKES BY BANKS, NBFCS UNLIKELY: HDFC

HDFC on Tuesday said a hike in interest rates by banks is unlikely in the near-term, notwithstanding an increase in key lending and borrowing rates by RBI last week.

 HDFC had last week announced the continuation of a home loan product under which clients pay a fixed rate of 8.25 per cent till March 2011 and 9.25 per cent for the next year, after which prevailing rates become applicable.

Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/Near-term-rate-hikes-by-banks-NBFCs-unlikely-HDFC/articleshow/6136351.cms

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

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