Public Sector Banks of India: Central Bank of India: MD/CEO, Head Office & Taglines | Download PDF

By Jyoti Bisht|Updated : September 29th, 2022

Bank headquarters, taglines, and CEOs are one of the most trending topics in bank exams. IBPS releases many notifications for the recruitment of India's many public sector banks and the Central Bank of India is one of them. Many aspirants prepare for these Banking and Insurance exams. We are writing this series to throw some light on the history and interesting facts such as bank headquarters and taglines for these PSBs such as SBI, Bank of Baroda, PNB, UBI, BOI, etc.

In this article, we are going to discuss the Central Bank of India. Do you know where is the Central Bank Headquarters or HQ? or What is the Central Bank of India tagline? If you don't know the answer to these questions then keep reading to find out. 

Read this article to know about the Central Bank's CEO and MD, Head office (HQ), Origin, Interest Rate on Deposit, etc. 

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History of Central Bank of India: 

The Central Bank of India was established in 1911.

  • It was the first Indian commercial bank that was wholly owned and managed by Indians. 
  • Sir Sorabji Pochkhanawala the founder of the Central Bank termed the banks as 'property of the nation and the country's asset'.
  • In 1924, the Central Bank established an Exclusive Ladies Department to cater to the Bank's women clientele.
  • The Central Bank was nationalized in 1969 by the Government of India. 
  • The Central Bank of India introduced the 'Central Card' credit card of the bank in the year 1980. 
  • In the year 1986, the bank launched a scheme called the 'Platinum Jubilee Money Back Deposit Scheme'. 

Board Of Directors: 

Central Bank of India has 1 MD and CEO who is the head of the Board of Directors and two Executive Directors. 

Board of Directors

MD and CEO 

Matam Venkata Rao

Non-Executive Chairman

Shri Tapan Ray

Executive Director

Rajeev Puri

Executive Director

Alok Srivastava

Central Bank of India Headquarters: 

Headquarters (HQ)

Corporate Centre

Mumbai

Zonal Offices 

10

Regional Branches 

59

Branches

4685

Subsidiaries of Central Bank Of India:

Subsidiaries

Centbank Financial Services Ltd

Subsidiary

Investment Banking Services (All India)

Subsidiary

Trusteeship Services - Mumbai

Subsidiary

Central Bank of India Tagline & Logo:

Logo:

The logo of the Central Bank of India contains four elements. They are;

  1. Man
  2. Finance
  3. Industry
  4. Nation

byjusexamprep(Picture Credit: Central Bank of India)

Tagline:
  • Central Bank of India's Tag line is - Build a Better Life Around Us./ Central To You Since 1911

Awards & Accolades:

  • The Bank won three 'First' prizes for all the three linguistic regions under the 'RBI RAJBHASHA SHIELD SCHEME'.
  • The Best Financial Inclusion Initiative: The Bank received Banking Technology Award for best technology initiative for Financial Inclusion as Runner Up in the category amongst Medium Banks.

Interesting Facts About Central Bank of India

  • In the year 1921, the Central bank introduced the Home Savings Safe Deposit Scheme to build saving habits in Indians. 
  • The Bank started Recurring Deposit Scheme in 1962.  

This is all about the Central Bank of India. If you liked the article then please upvote it and share it with your friends. For more articles like this please stay tuned with us.

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