Who is the CEO of Central Bank of India?

Sr. No. Name & Designation of the Director
1. Shri M. V. Rao Managing Director & Chief Executive Officer
2. Shri Alok Srivastava Executive Director
3. Shri Vivek Wahi Executive Director
4. Shri Rajeev Puri Executive Director

Who is chairman of Central Bank?

The Centre has appointed Matam Venkata Rao as Managing Director & CEO of Central Bank of India for a period of three years. He is currently an Executive Director of Canara Bank.

Which is better SBI or CBI?

SBI has a maximum processing fee of ₹ 10,000 compared to Central Bank of India with higher processing fees of ₹ 20,000. Hence, customers looking for a higher loan amount will get a benefit on processing fees by opting for SBI. Central Bank of India is a Public Sector Bank with its Home Loan rates benchmarked to RLLR.

Is central bank a Nationalised bank?

6) Central Bank of India

It was nationalised in 1969 that time it had 195 branches. Its headquarters is located in Mumbai. As of March 2020, Pallav Mohapatra is the Managing Director and CEO of the Bank. It has over 4000 branches, around 3600 ATMs, ten satellite offices and more.

Who is owner of SBI?

Who is the oldest bank in India?

The oldest commercial bank in India, SBI originated in 1806 as the Bank of Calcutta. Three years later the bank was issued a royal charter and renamed the Bank of Bengal.

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Which bank merged with central bank?

Table Showing the Merger List of PSU Banks

Acquirer Banks Banks to be Merged Staff Count (Approx.)
Bank of Baroda Vijaya Bank, Dena Bank 85,675
Bank of India Andhra Bank, Bank of Maharashtra 94000
Canara Bank UCO Bank, Syndicate Bank, Indian Overseas Bank 1,40,000
Union Bank of India IDBI, Central Bank of India 1,04,000

Which bank is best in India?

DBS Bank has taken the top position in a list of the best banks in India, This is DBS Bank’s second consecutive win out of 30 domestic and international banks operating in India. The list was compiled by Forbes in partnership with market research firm Statista.

Is BOI merged with any bank?

As per the scheme, Oriental Bank of Commerce and United Bank of India will be merged into Punjab National Bank; Syndicate Bank into Canara Bank; Allahabad Bank into Indian Bank; and Andhra and Corporation banks into Union Bank of India.

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