:::::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:::::

CANARA BANK SLASHES RATES FOR HOUSING LOANS BY 50 BPS


Canara Bank announced a retail loan festival from on Monday till January 15 during which interest rates on housing and home improvement loans will be reduced by 50 basis points across all slabs and tenures.

The bank has also completely waived processing charges during this festival period, it said in a statement. It has also waived the 25 basis points additional interest being levied on borrowers acquiring a second residential unit.

In respect of vehicle loans availed during the period, borrowers need to pay reduced rate of interest by 100 basis points, besides being eligible for complete waiver of processing charges, the bank said in a statement.

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