:::::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 RAISE RS 20.45 BILLION VIA CDS

Indian banks raised 20.45 billion rupees through certificates of deposit (CDs).

Yield on the three-month Reuters CD benchmark was fixed at 7.90 percent and secondary market volumes fell to 250 million rupees from 7.35 billion rupees.

Allahabad Bank raised 5 billion rupees through three month notes at 7.95 percent. IDBI Bank raised 450 million rupees through 1 year notes at 8.52 percent.Central Bank of India raised 15 billion rupees through 3 month notes at 7.95 percent.

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