Central Bank of India (CBI)

Key details

• Parent: branches

Overview

Central Bank of India (CBI) is Indian state-owned commercial bank + NSE: CENTRALBK BSE: 532885 + Government of India Ministry of Finance ~93%+ controlling + Indian retail + institutional investors free float + one of India's largest state commercial banks by branches + founded Dec 21 1911 in Mumbai India as India's first fully Indian-owned commercial bank by Sorabji Pochkhanawala + Jul 19 1969 Indian banking nationalisation ^{1, India report}.

History

Dec 21 1911 — Central Bank of India CBI founded in Mumbai India by Sorabji Pochkhanawala as India's first fully Indian-owned + Indian-managed commercial bank distinctive Indian banking heritage as India's pioneer Indian-owned commercial bank.

Jul 19 1969 — Central Bank of India nationalised under Indira Gandhi-era Indian Banking Nationalisation Act consolidating CBI into Government of India-owned commercial bank.

2014 — Central Bank Mobile banking app launch.

Ownership & operator

Operating entity: Central Bank of India CBI (Indian state-owned commercial bank; NSE: CENTRALBK; BSE: 532885).

Major shareholders: Government of India Ministry of Finance ~93%+ controlling + Indian retail + institutional investors free float.

Regulators: Reserve Bank of India RBI.

Technical integration

Central Bank Mobile app (iOS + Android) + centralbankofindia.co.in online + Central Bank of India branch network across India + CBI Visa + Mastercard + RuPay cards; RuPay Indian national card scheme + EMVCo QRCPS QR payments + Bharat QR (Indian national QR payment scheme) + UPI Unified Payments Interface (Indian instant payments) + Indian Rupee INR domestic transfers.

Implementations & partners

Major Indian banking + payments competitors: State Bank of India (SBI) (State Bank of India SBI) + HDFC Bank App (HDFC Bank) + ICICI Bank (ICICI Bank) + Axis Bank / Axis Mobile (Axis Bank) + Kotak Mahindra Bank / Kotak811 (Kotak Mahindra Bank) + Punjab National Bank (PNB ONE) (Punjab National Bank PNB) + Canara Bank (Canara Bank) + Bank of Baroda (BOB) (Bank of Baroda BOB) + Bank of India (BoI) (Bank of India BoI) + Indian Overseas Bank (IOB) (Indian Overseas Bank IOB) + UPI QR (Unified Payments Interface UPI).

Regulators: Reserve Bank of India RBI.

Status

Active, Indian state-owned commercial bank + NSE:CENTRALBK BSE:532885 + Government of India Ministry of Finance ~93%+ controlling + one of India's largest state commercial banks by branches + founded Dec 21 1911 in Mumbai India as India's first fully Indian-owned commercial bank by Sorabji Pochkhanawala + Jul 19 1969 Indian banking nationalisation ^{1, 2}.

Sources

• 1 CBI India — official
• 2 CBI India — Wikipedia
• ^{India report} In-corpus: reports/countries/IN-india.md

Source

Biography extracted from central-bank-india.md. See matrix.md for standards-support matrix if present.