OREANDA-NEWS. Central Bank of India commits to reach each and every rural village of Chhattisqarh State.

Shri Mohan V Tanksale, Chairman and Managing Director of Central Bank of India paid a courtesy visit to the Hon. Chief Minister of Chhattisgarh Dr. Raman Singh. He apprised the Chief Minister of the Bank’s various activities as well as the commitment of the Bank to reach each and every rural village of the State. The CMD of the Bank honoured the Chief Minister with shawl and shrifal. Shri D.S. Saahi, Zonal Manager, Raipur co-ordinated this meeting.

Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India. It is based in Mumbai. The bank has 4100 branches and 270 extension counters across 27 Indian states and three Union Territories. At present, Central Bank of India has one overseas office, which is 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, 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, London and Hong Kong.