Central Bank of India (CBI) History

Central Bank of India is one of the oldest and largest commercial banks in India. It was the first Indian commercial bank which was wholly owned and managed by Indians and its Headquarters in Mumbai. The Bank was founded by Sir Sorabji Pochkhanawala on 21 December 1911. Sir Pherozesha Mehta was the first Chairman of a truly 'Swadeshi Bank'. In 1923, it acquired the Tata Industrial Bank in the wake of the failure of the Alliance Bank of Simla. The bank was nationalized along with 13 major commercial banks of India, on July 19, 1969 by the Government of India. Central Bank of India was one of first bank to issue credit cards in the year 1980 in collaboration with MasterCard.

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Board of Directors

Annul Report: (as on 31-03-2012)

Total Branches:     4238 (as on 31/01/2013)
Total ATMs:          2050 (as on 31/01/2013)
Total Income:         20545 Cr.                 
Total Expenditure: 17730 Cr.
Net Profit:                  533 Cr.
Earning Per Share:  Rs.  95.61
Percentage of shares held by Gov. India: 80.20 %
Capital Adequacy (%):
  • Basel I:   10.74%
  • Basel II:  11.64%
CRAR- Tier I Capital  %
  • Basel I:   5.81%
  • Basel II:  6.31%
CRAR- Tier II Capital    %
  • Basel I:   4.93%
  • Basel II:  5.33%
Gross NPA: Cr. 7273
Net NPA:     Cr. 4557
% Gross NPA:  4.83%
% Net NPA:     3.09%
Base Rate: 10.25% p.a.
BPLR:    15% p.a.
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