:::::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:::::

INTEREST RATES HAVE PEAKED OR NEAR PEAK: O P BHATT


Interest rates in India have peaked or are near a peak, O.P. Bhatt, chairman of State Bank of India.

The central bank has raised rates seven times in the past 12 months but headline inflation has remained high partly due to high food prices caused by a sudden shortage of fruits and vegetables.

The Reserve Bank of India is widely expected to raise rates by 25 basis points at its policy review on March 17.

SOURCE: http://articles.economictimes.indiatimes.com/2011-03-03/news/28650825_1_interest-rates-op-bhatt-basis-points

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

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