:::::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:::::

HDFC BANK RAISES KEY LENDING RATE BY 25 BPS

HDFC Bank raised its key lending rate or the base rate by 25 basis points to 7.50 per cent.

 The increase follows a tightening policy by the Reserve Bank of India, which has raised its key lending rate or the repo rate by 125 basis points since mid-March, including a quarter per centage point rise in mid-September.

 HDFC Bank had raised its rates on some deposits by up to 50 basis points effective Sept. 24.

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

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