Central Bank of India ATM - Delhi
3.1/5
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based on 7 reviews
Contact Central Bank of India ATM
| Address : | 1993, Comfort Zone,Khasra No. 25/12/1, Railway Road, Narela, near Choudhary Ramdev Chowk, Delhi, 110040, India |
| Postal code : | 110040 |
| Categories : |
ATM
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Aditya bhardwaj on Google
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Hk Hk on Google
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Raashi Verma on Google
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VIPIN PANCHAL on Google
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Vikram kapoor on Google
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Mohammad Altaf on Google
★ ★ ★ ★ ★ Nice bank
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Sourav Bindal on Google
★ ★ ★ ★ ★ By 1918 it had established a branch in Hyderabad. A branch in nearby Secunderabad followed in 1925.[citation needed]
In 1923, it acquired the Tata Industrial Bank in the wake of the failure of the Alliance Bank of Simla. The Tata bank, established in 1917, had opened a branch in Madras in 1920 that became the Central Bank of India, Madras.[citation needed]
Central Bank of India was instrumental in the creation of the first Indian exchange bank, the Central Exchange Bank of India, which opened in London in 1936. However, Barclays Bank acquired Central Exchange Bank of India in 1938.[7]
Also before World War II, Central Bank of India established a branch in Rangoon. The branch's operations concentrated on business between Burma and India, and especially money transmission via telegraphic transfer. Profits derived primarily from foreign exchange and margins. The bank also lent against land, produce, and other assets, mostly to Indian businesses.[8]
Post-World War IIEdit
In 1963, the revolutionary government in Burma nationalized Central Bank of India's operations there, which became People's Bank No. 1.[9]
In 1969, the Indian Government nationalized the bank on 19 July, together with 13 others.
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