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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 ). Central Bank of India (19 April 2011). Retrieved on 31 march 2014.〕 The bank has 4600 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 18 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.〔(【引用サイトリンク】title=Central Bank of India to expand overseas )〕 As on 31 March 2011, the bank's reserves and surplus stood at 68688 million. Its total business at the end of the last fiscal amounted to 2,22,124(approx) million. ==History== It was established on 21 December 1911 by Sir Sorabji Pochkhanawala with Sir Pherozeshah Mehta as Chairman, 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.〔Raychaudhuri ''et al.'', eds. (1983), Vol. 2, p.782.〕 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.〔Turnell (2009), pp.116-7.〕 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Central Bank of India」の詳細全文を読む スポンサード リンク
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