Central Bank of India - Wikipedia Central Bank of India This article 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 ) Central Bank of India Native name सेन्ट्रल बैंक ऑफ़ इंडिया Type Public Traded as BSE : 532885 NSE : CENTRALBK Industry Banking, Financial services Founded 21 December 1911 ; 105 years ago ( 1911 - 12 - 21 ) Headquarters Mumbai, Maharashtra, India Key people Shri. Rajeev Rishi, Chairman & Managing Director Revenue ₹ 25,887.89 crore ( US $4.0 billion ) ( 2016 ) Operating income ₹ 2,643 crore ( US $410 million ) ( 2016 ) Net income ₹ - 1,418.19 crore ( US $ − 220 million ) ( 2016 ) Total assets ₹ 305,466.09 crore ( US $48 billion ) ( 2016 ) Number of employees 37,685 ( 2016 ) Capital ratio 10.41 % ( 2016 ) 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. The bank has 4730 branches, 5319 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 20 Public Sector banks in India to get recapitalisation 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. 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 Early - 20th century 1.2 Post-World War II 2 See also 3 Citations and references 4 External links History The Central Bank of India was established on 21 December 1911 by Sir ( ( Anup thakur with Sir Pherozeshah Mehta as Chairman, f name = `` The Hindu 2007 '' > `` Central Bank IPO to open on 24 July ''. The Hindu. Chennai, Tamil Nadu India. 14 July 2007. Retrieved 5 July 2008. < / ref > and claims to have been the first commercial Indian bank completely owned and managed by Indians. Early - 20th century 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. 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. Post-world War II In 1963, the revolutionary government in Burma nationalized Central Bank of India 's operations there, which became People 's Bank No. 1. 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 Indian banking List of banks in India Citations and references Citations ^ Jump up to : `` Annual Report of Central Bank of India '' ( PDF ). Jump up ^ Central Bank of India. Central Bank of India ( 19 April 2011 ). Retrieved on 31 march 2014. Jump up ^ `` 18 govt banks to be recapitalised ''. Business-standard.com. 18 February 2009. Retrieved 2 August 2010. Jump up ^ `` Central Bank of India to expand overseas ''. Rediff.com. Retrieved 2 August 2010. Jump up ^ Raychaudhuri et al., eds. ( 1983 ), Vol. 2, p. 782. Jump up ^ Turnell ( 2009 ), pp. 116 - 7. Jump up ^ 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 Central Bank of India Official website 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 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 India 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-operative 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 Maybank Indonesia Bank of America Bank of Bahrain and Kuwait Bank of Ceylon The Bank of Tokyo - Mitsubishi UFJ Barclays Citibank India Credit Suisse DBS Bank Deutsche Bank HSBC Rabobank Royal Bank of Scotland Scotiabank Standard Chartered Regional Rural Banks Andhra Pradesh Grameena Vikas Bank Andhra Pragathi Grameena Bank Assam Gramin Vikash Bank Bangiya Gramin Vikash Bank Gramin Bank of Aryavart Kerala Gramin Bank 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 Cirrus NFS PLUS ATM networks BANCS Cashnet CashTree India 1 ATM ( White Label ATM ) Indicash ( White Label ATM ) MITR Electronic funds transfers IMPS NEFT RTGS UPI ( VPA ) AEPS Cards MasterCard Debit MasterCard Maestro RuPay Visa Visa Debit Visa Electron Visa payWave 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 Bharatiya Mahila 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 Bikaner & Jaipur State Bank of Hyderabad State Bank of Indore State Bank of Mysore State Bank of Patiala State Bank of Saurashtra State Bank of Travancore Times Bank United Industrial Bank United Western Bank Related topics ATM usage fees in India Banks Board Bureau Banking Codes and Standards Board of India Bharat Bill Payment System De-Materialisation ( DEMAT ) Foreign Exchange ( FOREX ) Indian Financial System Code ( IFSC ) List of banks in India National Payments Corporation of India Prepaid Payment Instruments in India Structured Financial Messaging System ( SFMS ) Retrieved from `` https://en.wikipedia.org/w/index.php?title=Central_Bank_of_India&oldid=801931581 '' Categories : Banks established in 1911 Banks of India Government - owned banks of India Banks headquartered in Mumbai Companies nationalised by the Government of India Government - owned companies of India 1911 establishments in India Hidden categories : Use dmy dates from February 2014 Use Indian English from June 2016 All Wikipedia articles written in Indian English Articles lacking reliable references from December 2008 All articles lacking reliable references All articles with unsourced statements Articles with unsourced statements from November 2016 Talk Contents About Wikipedia বাংলা Čeština Français हिन्दी मराठी Русский தமிழ் Edit links This page was last edited on 22 September 2017, at 21 : 14. 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. About Wikipedia

Question: how many central bank are there in india
Answer: 4730 branches