What is the full form of CBI?
The CBI full form is the Central Bank of India. Another CBI full form is the Central Bureau of Investigation. However, the subject of this article is the Central Bank of India.
The CBI is one of India’s largest and oldest financial organizations and a government-owned entity. It is located in Mumbai, the financial hub of India and the capital of the state of Maharashtra.
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It is one of twelve public sector banks in India to be recapitalized in 2009. It is not India’s central financial institution, despite appearances. A bank for the general public. In accordance with its pan-Indian mandate, the Central Bank of India is preserved as a separate agency in the NDA government’s merger proposal.
Important information about the Central Bank of India
The Central Bank of India was the first Indian commercial bank entirely owned and operated by Indians when it was founded in 1911.
The RBI has contacted the Central Bank of India in order to gain access to branch offices in Dubai, Singapore, London, and Doha.
As of March 31, 2020, the CBI Bank’s network consists of 4,608 branches, 3,644 ATMs, ten satellite offices, and one extension counter.
It has a pan-Indian presence that includes all twenty-eight states, seven of the eight union territories, and 574 district headquarters.
