:::::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:::::

RBI ANNOUNCES SPECIAL CASH SUPPORT MEASURES

The Reserve Bank of India (RBI) unveiled special liquidity measures to tide banks over the temporary cash crunch.

The RBI said banks can avail funds under the special measures up to an additional 1 percent of their deposits. The central bank will conduct two liquidity adjustment facility (LAF) auctions on Oct. 29 and Nov. 1. at 2:30 p.m. and 4:15 p.m respectively.

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