Central Bank of India

Traded asBSE: 532885nNSE: CENTRALBKIndustryBankingnFinancial servicesFounded21 December 1911; 108 years agoHeadquartersMumbai, Maharashtra, IndiannKey peoplennTapan Rayn(Non-Exe Chairman) [1]nnPallav Mahapatran(MD & CEO)nnRevenueufffc ₹27,199.29 crore (US$3.8 billion)(2020)[2]nnOperating incomennufffc ₹4,344.15 crore (US$610 million) (2020)[2]nnNet incomennufffc ₹-1,121.35 crore (US$−160 million) (2020)[2]Total assetsufffc₹356,435.85 crore (US$50 billion) (2020) [2]Total equityufffc₹5,709.76 crore (US$800 million) (2020) [2]OwnerGovernment of India (92.39%) [2]nnNumber of employeesnn33,481 (2020)[2]Capital ratio11.72% (2020)[2]Websitewww.centralbankofindia.co.innnIt is one of twelve public sector banks in India to get recapitalised in 2009.[4]Despite its name it is not the central bank of India. It is a public bank. In a merging initiative of the NDA government, Central Bank of India is kept as a separate entity owing to its pan-India presence.[citation needed]nnCentral 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.[5]nnAs on 31st March 2020, the bank has a network of 4,651 branches, 3,642 ATMs, ten satellite offices and one extension counter. It has a pan-India presence covering all 28 states, Seven out of eight union territories and 574 district headquarters out of all districts in the country.[2]

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