Central Bank of India - Company Profile
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Central Bank of India (CBI) offers a wide range of retail and corporate banking, and other related financial solutions. Its portfolio of retail banking solutions includes deposit services such as recurring, current, savings, and fixed deposit accounts; credit and debit cards; and loans for housing, education, agriculture, and personal requirements, among others. CBI provides commercial banking solutions such as business loans, mortgages, cash management, and foreign exchange. It also offers services including mobile banking, payment solutions, internet banking, and remittance, among others. The treasury activities include government and other securities transactions, and money market and forex operations. CBI is headquartered in Mumbai, Maharashtra, India.
Central Bank of India premium industry data and analytics
Products and Services
Products | Services |
---|---|
Accounts: | Cash Management |
Savings | Remittance |
Current | Mobile Banking |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | New Products/Services | In April, the bank launched a loan scheme for all CA/CS/CMA members. |
2024 | Contracts/Agreements | In March, the bank partnered with PPFAS Asset Management Company Limited to distribute their Mutual Fund Products to its customers through a Do it yourself model. |
2023 | Contracts/Agreements | In December, the bank and Kisetsu Saison Finance (India) signed a co-lending partnership to offer MSME Loans. |
Competitor Comparison
Key Parameters | Central Bank of India | Canara Bank | Punjab National Bank | Union Bank of India | Kotak Mahindra Bank Ltd |
---|---|---|---|---|---|
Headquarters | India | India | India | India | India |
City | Mumbai | Bangalore | New Delhi | Mumbai | Mumbai |
State/Province | Maharashtra | Karnataka | Maharashtra | Maharashtra | Maharashtra |
No. of Employees | 30,770 | 84,978 | 104,118 | 75,594 | 73,481 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Vivek Wahi | Director | Executive Board | 2021 | 58 |
Matam Venkata Rao | Chief Executive Officer; Managing Director | Senior Management | 2021 | 58 |
Dinesh Pangtey | Director | Non Executive Board | 2021 | 61 |
P. J. Thomas | Director | Non Executive Board | 2020 | 64 |
Malladi Venkat Murali Krishna | Director | Executive Board | 2022 | 56 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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