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BUSINESS
The Central Bank of India commenced its centenary year celebrations from the Muktangan auditorium last week.
The Central Bank of India commenced its centenary year celebrations from the Muktangan auditorium last week which was jam-packed with the bank’s customers, retired and in-service employees and their family members.
Chief guest for the event, additional director of social welfare department, MS Nimbalkar, said the bank has contributed a lot to social welfare department and it has contributed in a bigger way to socio-reforms of the country.
Deputy general manager, D Bapanna, regional manager (Pune) GS Dhir, assistant general manager (Pune Camp) P Dharmalingum and assistant general manager (Pimpri branch) Rakesh Jaiswal were among those present.
Established in 1911, Central Bank of India is the first Indian commercial bank which was wholly owned and managed by Indians and was called ‘Swadeshi Bank’.
Such was the extent of pride felt by founder of the bank, Sir Sorabji Pochkhanawala, that he proclaimed Central Bank of India as the “property of the nation and the country’s asset”.
A number of innovative and unique banking activities have been launched by the bank, besides a number of self-employment schemes to promote employment among the educated youth.