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Central Bank

The document provides an overview of the Central Bank of India, including its history, leadership, services, and financial information. Some key details: - Established in 1911, it was the first Indian commercial bank wholly owned and managed by Indians. - It has over 4,600 branches across 29 states and 6 union territories in India. - Throughout its history, it has introduced many innovative banking services and products. - It aims to promote key sectors like agriculture, small businesses, and employment generation.

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Tanish Pandey
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55 views16 pages

Central Bank

The document provides an overview of the Central Bank of India, including its history, leadership, services, and financial information. Some key details: - Established in 1911, it was the first Indian commercial bank wholly owned and managed by Indians. - It has over 4,600 branches across 29 states and 6 union territories in India. - Throughout its history, it has introduced many innovative banking services and products. - It aims to promote key sectors like agriculture, small businesses, and employment generation.

Uploaded by

Tanish Pandey
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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CENTRAL BANK OF INDIA

o
o Profile
o Corporate Vision Mission Value Statement
o Board of Directors
o Awards-Achievements
o Code of conduct for Directors
o Subsidiaries
o Investors-shareholders relations
o Financials
o Basel II Disclosure
o Basel III Disclosure
o Liquidity Coverage Ratio Disclosure
o Press Release
o Press Clipping
o Debenture Trustee Services
o Photos of Swachhta Pakhwada
o Swatchha Bharat 2018
o Shram Daan Swachh Bharat Abiyan Oct 2018
o Photos of Town Hall Meeting
 Profile
 History of the Bank
 Established in 1911, Central Bank of India was the first Indian commercial
bank which was wholly owned and managed by Indians. The establishment of
the Bank was the ultimate realisation of the dream of Sir Sorabji
Pochkhanawala, founder of the Bank. Sir Pherozesha Mehta was the first
Chairman of a truly 'Swadeshi Bank'. In fact, such was the extent of pride felt
by Sir Sorabji Pochkhanawala that he proclaimed Central Bank of India as the
'property of the nation and the country's asset'. He also added that 'Central
Bank of India lives on people's faith and regards itself as the people's own
bank'.
 During the past 106 years of history the Bank has weathered many storms and
faced many challenges. The Bank could successfully transform every threat
into business opportunity and excelled over its peers in the Banking industry.
 A number of innovative and unique banking activities have been launched by
Central Bank of India and a brief mention of some of its pioneering services
are as under:

1921 Introduction to the Home Savings Safe Deposit Schemeto build saving/thrift
habits in all sections of the society.
1924 An Exclusive Ladies Department to cater to the Bank's women clientele.
1926 Safe Deposit Locker facility and Rupee Travellers' Cheques.
1929 Setting up of the Executor and Trustee Department.
1932 Deposit Insurance Benefit Scheme.
1962 Recurring Deposit Scheme.

 Subsequently, even after the nationalisation of the Bank in the year 1969,
Central Bank continued to introduce a number of innovative banking services
as under:

1976 The Merchant Banking Cell was established.


1980 Centralcard, the credit card of the Bank was introduced.
1986 'Platinum Jubilee Money Back Deposit Scheme' was launched.
1989 The housing subsidiary Cent Bank Home Finance Ltd. was started with its
headquarters at Bhopal in Madhya Pradesh.
1994 Quick Cheque Collection Service (QCC) & Express Service was set up to
enable speedy collection of outstation cheques.

 Further in line with the guidelines from Reserve Bank of India as also the
Government of India, Central Bank has been playing an increasingly active
role in promoting the key thrust areas of agriculture, small scale industries as
also medium and large industries. The Bank also introduced a number of Self
Employment Schemes to promote employment among the educated youth.
 Among the Public Sector Banks, Central Bank of India can be truly described
as an All India Bank, due to distribution of its large network in all 29 States as
also in 6 out of 7 Union Territories in India. Central Bank of India holds a
very prominent place among the Public Sector Banks on account of its
network of 4659 Branches, 1 Extension counters, along with 10 Satellite
Offices (as on February 2019) at various centres throughout the length and
breadth of the country
 Customers' confidence in Central Bank of India's wide ranging services can
very well be judged from the list of major corporate clients such as ICICI,
IDBI, UTI, LIC, HDFC as also almost all major corporate houses in the
country.

Corporate Vision Mission Value statement

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