is about an indian commercial bank . for india s central bank see reserve bank of india . this article relies too much on references to primary sources . please improve this by adding secondary or tertiary sources . december 2008 learn how and when to remove this template message central bank of india native name type public company bse & nse centralbk industry financial commercial banks founded 21 december 1911 ; 104 years ago 1911 12 21 headquarters mumbai maharashtra india key people shri . rajeev rishi chairman & managing director revenue 283 030 million us 4.2 billion 2014 15 number of employees 42000 approx website www.centralbankofindia.co.in central bank of india a government owned bank is one of the oldest and largest commercial banks in india . it is based in mumbai which is the financial capital of india and capital city of state of maharashtra . 1 the bank has 4700 branches 5000 atm s and 4 extension counters across 27 indian states and three union territories . at present central bank of india has overseas office at nairobi hong kong and a joint venture with bank of india bank of baroda and the zambian government . the zambian government holds 40 per cent stake and each of the banks has 20 per cent . recently it has also opened a representative office at nairobi in kenya . central bank of india is one of 19 public sector banks in india to get recapitalisation 2 finance from the government over the next 24 months . central bank of india has approached the reserve bank of india rbi for permission to open representative offices in five more locations singapore dubai doha and london . 3 as on 31 march 2015 the bank s reserves and surplus stood at 283030 million . its total business at the end of the last fiscal amounted to 45 05 390 approx million . contents 1 history 1.1 post world war ii 2 see also 3 citations and references 4 external links history edit it was established on 21 december 1911 by sir sorabji pochkhanawala with sir pherozeshah mehta as chairman 4 and claims to have been the first commercial indian bank completely owned and managed by indians . by 1918 it had established a branch in hyderabad . a branch in nearby secunderabad followed in 1925 . in 1923 it acquired the tata industrial bank in the wake of the failure of the alliance bank of simla . the tata bank established in 1917 had opened a branch in madras in 1920 that became the central bank of india madras . central bank of india was instrumental in the creation of the first indian exchange bank the central exchange bank of india which opened in london in 1936 . however barclays bank acquired central exchange bank of india in 1938 . 5 also before world war ii central bank of india established a branch in rangoon . the branch s operations concentrated on business between burma and india and especially money transmission via telegraphic transfer . profits derived primarily from foreign exchange and margins . the bank also lent against land produce and other assets mostly to indian businesses . 6 post world war ii edit in 1963 the revolutionary government in burma nationalized central bank of india s operations there which became people s bank no. 1 . 7 in 1969 the indian government nationalized the bank on 19 july together with 13 others . in the 1980s the managers of the london branches of central bank of india punjab national bank and union bank of india were caught up in a fraud in which they made dubious loans to the bangladeshi jute trader rajender singh sethia . the regulatory authorities in england and india forced all three indian banks to close their london branches . central bank of india was one of the first banks in india to issue credit cards in the year 1980 in collaboration with mastercard . central bank of india announces that the financial results for the year ended 2013 total business rs . 402000 cr . net profit rs . 1015 cr . on 1 august 2013 central bank of india appoints new cmd rajiv rishi who was previously ed of indian bank and general manager of obc and raj kumar goyal as the new ed of the bank . on 1 november of the same year the bank open its second representative office in hong kong . see also edit indian banking list of banks in india citations and references edit citations central bank of india . central bank of india 19 april 2011 . retrieved on 31 march 2014 . 18 govt banks to be recapitalised . business standard.com . 18 february 2009 . retrieved 2 august 2010 . central bank of india to expand overseas . rediff.com . retrieved 2 august 2010 . central bank ipo to open on 24 july . the hindu . chennai tamil nadu india . 14 july 2007 . retrieved 5 july 2008 . raychaudhuri et al. eds . 1983 vol . 2 p. 782 . turnell 2009 pp. 116 7 . turnell 2009 p. 226 . references raychaudhuri tappan irfan habib & dharma kumar eds . 1983 the cambridge economic history of india volume 2 c. 1751 c. 1970 . cup archive . isbn 9780521228022 turnell sean 2009 fiery dragons banks moneylenders and microfinnance in burma . nais press . isbn 9788776940409 external links edit central bank of india official website v t e banking in india reserve bank reserve bank of india public sector banks allahabad bank andhra bank bank of baroda bank of india bank of maharashtra bharatiya mahila bank canara bank central bank of india corporation bank dena bank idbi bank indian bank indian overseas bank oriental bank of commerce post bank of india punjab & sind bank punjab national bank state bank of bikaner & jaipur state bank of hyderabad state bank of india state bank of mysore state bank of patiala state bank of travancore syndicate bank uco bank union bank of india united bank of india vijaya bank private sector banks axis bank bandhan bank catholic syrian bank city union bank dcb bank dhanlaxmi bank federal bank hdfc bank icici bank idfc bank indusind bank jammu & kashmir bank karnataka bank karur vysya bank kotak mahindra bank lakshmi vilas bank nainital bank rbl bank ratnakar bank south indian bank tamilnad mercantile bank limited yes bank cooperative banks buldhana urban cosmos bank repco bank saraswat bank shamrao vithal co op . bank tnsc bank rajkot nagrik sahakari bank foreign banks abn amro abu dhabi commercial bank antwerp diamond bank australia and new zealand banking group bank internasional indonesia bank of america bank of bahrain and kuwait bank of ceylon the bank of tokyo mitsubishi ufj barclays citibank india credit suisse deutsche bank hsbc the royal bank of scotland scotiabank standard chartered regional rural banks andhra pragathi grameena bank kerala gramin bank bangiya gramin vikash bank gramin bank of aryavart north malabar gramin bank pallavan grama bank pandyan grama bank paschim banga gramin bank sarva up gramin bank south malabar gramin bank uttar bihar gramin bank vananchal gramin bank list of regional rural banks in uttar pradesh interbank networks bancs cashnet cirrus imps upi mitr nfs plus rupay defunct banks alliance bank of simla arbuthnot & co bank of bombay bank of calcutta bank of chettinad bank of cochin bank of hindostan bank of madras bank of madura bank of rajasthan bank of thanjavur bareilley corporation bank bengal central bank bharat overseas bank centurion bank of punjab chartered bank of india australia and china commercial bank of india dass bank exchange bank of india & africa global trust bank grindlays bank hindustan commercial bank imperial bank of india ing vysya bank lakshmi commercial bank lord krishna bank madhavpura mercantile cooperative bank mercantile bank of india london and china miraj state bank nath bank nedungadi bank new bank of india oriental bank corporation oudh commercial bank palai central bank pandyan bank sikkim bank state bank of indore state bank of saurashtra times bank united industrial bank united western bank related topics banks board bureau banking codes and standards board of india atm usage fees in india de materialisation demat foreign exchange forex indian financial system code ifsc list of banks in india national electronic fund transfer neft national payments corporation of india real time gross settlement rtgs structured financial messaging system sfms prepaid payment instruments in india retrieved from https en.wikipedia.org w index.php title central bank of india & oldid 739472919 categories banks established in 1911banks of indiacompanies based in mumbaigovernment owned banks of indiaeconomy of mumbaicompanies nationalised by the government of indiagovernment owned companies of india1911 establishments in indiahidden categories use dmy dates from february 2014use indian english from june 2016all wikipedia articles written in indian englisharticles lacking reliable references from december 2008all articles lacking reliable referencespages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages e tinafran ais edit links this page was last modified on 14 september 2016 at 22 13 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view