Central Bank of India

About the company

Central Bank of India is a public sector commercial bank in India, established in 1911 and nationalized in 1969. It provides a wide range of banking and financial services including retail, agricultural, and corporate banking. The bank offers various products such as deposits, loans, digital banking services, and insurance distribution. It has a network of over 4,500 branches, 4,000 ATMs, and 11,000 BC outlets across India. The bank's services include savings and current accounts, time deposits, housing loans, vehicle loans, education loans, agricultural loans, and corporate financing. Central Bank of India also operates subsidiaries for trustee services, housing finance, and has joint ventures in Zambia. The Government of India is the majority shareholder, owning over 80% of the bank.