OREANDA-NEWS. Central Bank of India under the Banner of Cent Sanskriti Ladies Wing for CSR activities donated Rs. 5.51 lakhs to the mentally challenged students of Akansha School of Avanti Vihar,Raipur. The other day, Smt. Nandini Tanksale, Chairperson of Cent Sanskriti handed over the cheque in favour of the school for purchase of computers and other equipments for the students.

Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India. It is based in Mumbai. The bank has 4100 branches and 270 extension counters across 27 Indian states and three Union Territories. At present, Central Bank of India has one overseas office, which is a joint venture with Bank of India, Bank of Baroda, and the Zambian government. The Zambian government holds 40 per cent stake and each of the banks has 20 per cent. Recently it has also opened a representative office at Nairobi, Kenya.

Central bank of India is one of 18 Public Sector banks in India to get recapitalisation finance from the government over the next 24 months.

Central Bank of India has approached the Reserve Bank of India (RBI) for permission to open representative offices in five more locations - Singapore, Dubai, Doha, London and Hong Kong.