About Central Bank Of India
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. Central Bank of India has 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.
Central bank of India is one of 20 Public Sector banks in India to get recapitalised in 2009.
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.
As on 31 March 2018, Bank has network of 4685 branches, 4886 ATMs, 10 satellite offices and 1 Extension Counter. The pan India presence covering all 29 States, 5 out of 6 Union Territories and NCT Delhi, 574 District Head Quarters and 626 Districts out of 707 districts in the country.