Who is the owner of Central Bank of India | wiki

Central Bank of India, an Indian government-owned commercial bank. Know more about the owner of the Central Bank of India and more Company information. First place, the Central Bank of India is the largest and oldest Indian government-owned banking and financial services.

• About the owner of the Central Bank of India
  

The Central Bank of India was incorporated in the year 1911. In fact, the first Indian commercial bank was wholly owned and managed by Indians. Provided that, the formation of the Bank was the extreme reverie of Sorabji Pochkhanawala, the father of the Bank. Above all, Pherozesha Mehta was the first Chairman of a truly ‘Swadeshi Bank’.

• About The Central Bank of India Limited Wiki

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The Government of India holds 80.20 % of the company’s share.

Management Team:

• Rajeev Rishi-  Chairman & Managing Director.
• B.K. Divakara – Executive Director.
• P. Ramana Murthy- Executive Director
• B.S.Shekhawat- Executive Director
• GOVIND MOHAN, IAS- GOI Nominee Director
• Shekhar Bhatnagar -RBI Nominee Director
• Supratim Bandyopadhyay-Shareholder Director

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In addition in 1923, the central bank of India procured Tata industrial bank. It has created its position within the Indian banking system through a variety of innovative and distinctive banking activities, that continue even once the nationalization of banks in India in 1969.

Central Bank of India has been a pioneer in introducing varied services. a number of those are often listed below:

• Introduced Home Savings Safe Deposit scheme for building thrift/savings habits in 1921.
• Opened up an exclusive women’s Department for the lady’s customers in 1924.
• Safe Deposit Locker facility in 1926.
• Set up the fiduciary and Trustee Department in 1929.
• Deposit Insurance profit scheme in 1932.
• Recurring Deposit scheme in 1962

Presently, the Central Bank of India is widespread around the country with 4715 Branches, one Extension counter, ten Satellite Offices (as of November 2017), and four hundred ATM counters.

• Central Bank of India Limited customer care

Central Bank of India
Chander Mukhi, Nariman Point
Mumbai – 400 021

• 022 – 6638 7777
• 1800 22 1911