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Central Bank of India
NSE Announcements on Central Bank
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MMB MessengerTracked by: 0 Boarder
Central Bank Of India has informed the Exchange that Extra-Ordinary General Meeting of the Bank is scheduled to be held on December 01, 2008. The Specified date for the purpose of determining the eligibility of appointment of Shareholders Director (the eligibility for contesting election as well as for considering eligibility to vote at EGM), has been fixed on October 24, 2008....
BSE Announcements on Central Bank
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With reference to the earlier announcement dated October 10, 2008 regarding fixes Record Date for EGM, Central Bank of India has now informed BSE that the Record Date as communicated earlier stands cancelled. The specified Date for the purpose of determining the eligibility of appointment of Shareholders Director (the eligibility for contesting election as well as for considering eligibility to vote at EGM), is October 24, 2008....
BSE Announcements on Central Bank
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Central Bank of India has informed BSE that about the following:
1. Shri K Subbaraman, Executive Director of the Bank has retired on superannuation from the services of the Bank on September 30, 2008.
2. Term of Shri Kamal Faruqui, Part Time Non-Official Director of the Bank has expired on September 15, 2008.
3. Term of Major (Retd.) VS Prakash, Part time Non-Official Director of the Bank, has expired on October 05, 2008....
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RBI and FM will make some more announcement to issue credit crunch in the bankcing system within 1 week. After these steps all psu banks will take the lead to move up....
In reply to:
Can you try for a rank in RBI report next year?
Posted by : Leave it.
SBI ranks low in employee productivity: RBI--
Press Trust of India / Mumbai October 9, 2008, 18:27 IST
State Bank of India (SBI) may be the largest bank of the country in terms of capital reserve, but in terms of employee productivity, it ranks abysmally low, especially when compared with the private banks, says RBI.
This is despite SBI`s wages as percentage of total expenses being higher than the industry average. The SBI`s wages, as percentage of total expenses, stands at 17.5 per cent against the industry average of 14 per cent for the year 2007-08, a RBI report says.
According to the RBI data on profile of banks, business per employee (total business of the bank divided by the number of employees) of SBI stands at Rs 456 lakh for the year 2007- 08, below the average business per employee for all the banks at Rs 634 lakh for the year.
The private banks have fared well in this category, with the business per employee of ICICI Bank and Axis Bank way above at Rs 1,008 lakh and Rs 1,117 lakh. HDFC Bank`s figure was lower than the average for all banks, but above SBI at Rs 506 lakh.
Even the nationalised banks such as Canara Bank, Union Bank of India, United Bank of India and Bank of India are ahead of SBI.
Average business per employee for all nationalised banks at Rs 618 lakh was also above SBI, the report revealed.
According to the RBI data, SBI`s profit per employee (total profit of the bank divided by the number of employees) is at Rs 3.73 lakh for the year 2007-08, which is below the average of all the banks of Rs 4.67 lakh.
Private banks such as Axis Bank, ICICI Bank and HDFC Bank are way ahead with Rs 8.39 lakh, Rs 10 lakh and Rs 4.97 lakh, respectively, in this category.
Among the nationalised banks, Union Bank of India and Bank of India have fared well with Rs 5.39 and Rs 4.95 lakh of profit per employee.
v.krishnamoorthy 
BSE Announcements on Central Bank
Posted by : MMB MessengerTracked by: 0 Boarder
Central Bank of India has informed BSE that the Record Date for the purpose of determining the eligibility of appointment of Shareholders Director (the eligibility for contesting election as well as for considering eligibility to vote at EGM), has been fixed on October 24, 2008....
Tracked by: 0 Boarder
SBI ranks low in employee productivity: RBI--
Press Trust of India / Mumbai October 9, 2008, 18:27 IST
State Bank of India (SBI) may be the largest bank of the country in terms of capital reserve, but in terms of employee productivity, it ranks abysmally low, especially when compared with the private banks, says RBI.
This is despite SBI`s wages as percentage of total expenses being higher than the industry average. The SBI`s wages, as percentage of total expenses, stands at 17.5 per cent against the industry average of 14 per cent for the year 2007-08, a RBI report says.
According to the RBI data on profile of banks, business per employee (total business of the bank divided by the number of employees) of SBI stands at Rs 456 lakh for the year 2007- 08, below the average business per employee for all the banks at Rs 634 lakh for the year.
The private banks have fared well in this category, with the business per employee of ICICI Bank and Axis Bank way above at Rs 1,008 lakh and Rs 1,117 lakh. HDFC Bank`s figure was lower than the average for all banks, but above SBI at Rs 506 lakh.
Even the nationalised banks such as Canara Bank, Union Bank of India, United Bank of India and Bank of India are ahead of SBI.
Average business per employee for all nationalised banks at Rs 618 lakh was also above SBI, the report revealed.
According to the RBI data, SBI`s profit per employee (total profit of the bank divided by the number of employees) is at Rs 3.73 lakh for the year 2007-08, which is below the average of all the banks of Rs 4.67 lakh.
Private banks such as Axis Bank, ICICI Bank and HDFC Bank are way ahead with Rs 8.39 lakh, Rs 10 lakh and Rs 4.97 lakh, respectively, in this category.
Among the nationalised banks, Union Bank of India and Bank of India have fared well with Rs 5.39 and Rs 4.95 lakh of profit per employee.
v.krishnamoorthy...
BSE Announcements on Central Bank
Posted by : MMB MessengerTracked by: 0 Boarder
Central Bank of India has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company held on December 01, 2008....
NSE Announcements on Central Bank
Posted by : MMB MessengerTracked by: 0 Boarder
Central Bank Of India has informed the Exchange that: "1) Shri K. Subbaraman, Executive Director of the Bank has retired on superannuation from the services of the Bank on September 30, 2008. 2) Term of Shri Kamal Faruqui, Part Time Non-Official Director of the Bank has expired on September 15, 2008. 3) Term of Major (Retd.) Ved Prakash, Part Time Non-Official Director of the Bank, has expired on October 05, 2008"....
BSE Announcements on Central Bank
Posted by : MMB MessengerTracked by: 0 Boarder
Central Bank of India has informed BSE about the following:
1. Shri. K Subbaraman, Executive Director of the Bank has retired on superannuation from the services of the Bank on September 30, 2008.
2. Term of Shri. Kamal Faruqui, Part Time Non-Official Director of the Bank has expired on September 15, 2008.
3. Term of Major (Retd.) Ved Prakash, Part Time Non-Official Director of the Bank, has expired on October 05, 2008....
Tracked by: 1 Boarder
Central Bank is trading PE 3 and 50% below to book value. This is Group A company and trading dirt cheap level. That`s why this is top pick for my portfolio....
In reply to:
sell or hold
Posted by :
JVirumbi
yes, I am very much hopeful of bank, especially the PSU ones. Smaller ones will eat up the bigger ones portion fairly in the next bull run. If u get 200% return on big ones like, ICICI, HDFC, SBI, etc..., You would get 400% return on central bank, yes bank, DCB, City Union, etc....
"all bank and finance stk will crash post Q2 RESULTS " - we will Sensex at 6000 level . Would we ??
"the western globe is just unable to find out where they have lost their money" - most of the money is very well inside the "Western Globe". Other wise tell us where exactly it has gone.
NSE Announcements on Central Bank
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Central Bank Of India has informed the Exchange regarding the contact information and to forward all communications at the following address: Transfer Agent - Address:lntime Spectrum Registry Limited, C-13, Pannalal Silk Mills Compound, LBS Marg, Bhandup (W), Mumbai - 400078 Telephone No: 022-25963838 Fax: 022-25960328 Email: cbiipo@intimespectrum.com. Registered Office - Address: Central Bank of India, 9th Floor, Chandermukhi Building, Nariman Point, Mumbai - 400021 Telephone No: 022-66387600, 22028916 Fax No: 022-22820989, 22028605 Email Id: dgmid@centralbank.co.in, ipocell@centralbank.co.in, investors@centralbank.co.in...
Tracked by: 1 Boarder
yes, I am very much hopeful of bank, especially the PSU ones. Smaller ones will eat up the bigger ones portion fairly in the next bull run. If u get 200% return on big ones like, ICICI, HDFC, SBI, etc..., You would get 400% return on central bank, yes bank, DCB, City Union, etc....
"all bank and finance stk will crash post Q2 RESULTS " - we will Sensex at 6000 level . Would we ??
"the western globe is just unable to find out where they have lost their money" - most of the money is very well inside the "Western Globe". Other wise tell us where exactly it has gone....
In reply to:
sell or hold
Posted by :
dhalpya
it seems you r verymuch hopeful on banks, dont go by what analyst say, the western globe is just unable to find out where they have lost their money,to get papers of tht is difficult,all bank and finance stk will crash post Q2 RESULTS indian elections are on face election commetee will start thr regulations by feb09,how banks will perform
Tracked by: 1 Boarder
i did same. I aslo exited at 65 entered in some speculative stock like GMR, Sejal. i booked almost 120% profit in thos scrip and I am back into central bank. ...
In reply to:
sell or hold
Posted by : JVirumbi
I had 1200 shares @93. But I booked loss @ 65 infavour of YES bank@103 in July. It indeed returned well. Now I started accumulating central bank between 47 - 55. PSU banks would definitly act as a hedge to your trading anyway. I feel you can accumulate more and don't look for returns even in mid term. But secondary PSU scrips will have their time and can return 200 - 300 % from current level. Might even better SBI
Tracked by: 1 Boarder
it seems you r verymuch hopeful on banks, dont go by what analyst say, the western globe is just unable to find out where they have lost their money,to get papers of tht is difficult,all bank and finance stk will crash post Q2 RESULTS indian elections are on face election commetee will start thr regulations by feb09,how banks will perform...
In reply to:
sell or hold
Posted by : JVirumbi
I had 1200 shares @93. But I booked loss @ 65 infavour of YES bank@103 in July. It indeed returned well. Now I started accumulating central bank between 47 - 55. PSU banks would definitly act as a hedge to your trading anyway. I feel you can accumulate more and don't look for returns even in mid term. But secondary PSU scrips will have their time and can return 200 - 300 % from current level. Might even better SBI
NSE Announcements on Central Bank
Posted by : MMB MessengerTracked by: 0 Boarder
Central Bank Of India has informed the Exchange that Shri J. Noble, Deputy General Manager of the Bank, has been appointed as Compliance Officer of the Bank in place Shri S.R. Shukla....
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