POSTED DATE: 29/10/2011
COMPANY NAME: Central Bank Of India
COMPANY PROFILE:
Central Bank of India , a government-owned bank, is one of the oldest and largest commercial banks in India. It is based in Mumbai. The bank has 3,563 branches and 270 extension counters across 27 Indian states and three Union Territories.
Central bank of India is one of 18 Public Sector banks in India to get recapitalisation[4] finance from the government over the next 24 months. The infusion of funds will improve the financial health of the banks as their capital adequacy ratio (CAR) will be raised more than desired level of 12 percent. The increase in CAR of the banks will also enable them to lend more money. The CAR of Central Bank of India was less than 12 percent as on 30 June 2006.
The wholly owned public sector bank, based in Mumbai, will convert an amount of Rs. 800 crore out of its Rs. 1,124.14-crore total equity capital into perpetual non-cumulative preference shares.The preference shares would carry an annual floating coupon rate of eight per cent, which would be benchmarked to 100 basis points above the repo rate. It will shore up the balance-sheet of the bank and enable it to raise capital from the markets.
FIELD OF WORKING: Banking Sector
JOB ROLE: IT Officer/Agriculture Finance officer
SALARY OFFERED: Not mentioned
JOB LOCATION: Across India
LAST DATE: 25/11/2011
REQUIRED QUALIFICATION: Check details
EXPERIENCE REQUIRED: Check details
JOB OPENINGS:
- IT Officer-70 openings
- Agriculture Finance officer-400 openings
For more details check the career site.
SELECTION PROCESS:
- Written
- GD
(Based on the no of applicants)
APPLY MODE: Online
HOW TO APPLY:
Interested and eligible candiadates apply this positions in online 5/11/2011 - 25/11/2011.
To apply : Click here
CONTACT DETAILS OF COMPANY:
Central Bank Of India
Chandermukhi,
Nariman Point,
Mumbai-400021
WEBSITE DETAILS OF THE COMPANY: www.centralbankofindia.co.in
SOURCE: Central Bank Of India Career site
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