Ahmedabad is the largest city in the Indian state of Gujarat. This former capital of Gujarat is often referred to as "Amdavad" by the natives. It is the fifth populous Indian city which is rapidly growing in terms of business and technology. Ahmedabad is slowly emerging as an important industrial and economic hub in India. Gujarati is the commonly spoken language in this city. Gujaratis, being a business-oriented community, have always ensured that the city thrives on multiple lines of trade and commerce. The historic city of Ahmadabad or Old Ahmadabad has recently been declared as Indias first UNESCO World Heritage City. The old city, situated on the bucolic eastern side of the Sabarmati River, used to be girdled by a long wall which was 10km in length. The new city, with wider streets, many upcoming neighborhoods, offices, shopping complexes and several major universities, has emerged on the western side of the river. Ahmedabad witnesses a beautiful amalgamation of tradition and modernity in its landscape, architecture and lifestyle. In fact, the city can mesmerize tourists with its wealth of architecture ? there are centuries-old mosques and mausoleums as well as buildings of cutting-edge contemporary design. The city seems like a fascinating maze comprising of excellent museums, elegant restaurants, bustling street-food joints and the tranquil Sabarmati Ashram., situated on the banks of River Sabarmati in the state of Gujarat, Ahmedabad is the largest city in this west Indian state. This city used to be the capital of Gujarat earlier and the locals usually refer to it as ?Amdavad.? The rapidly developing city of Ahmedabad is the fifth most populous city in the country and the local people speak in Gujarati. Although most of the people of Ahmedabad hail from the business community, yet the IT sector is gradually flourishing in the city. The enterprising people of Ahmedabad have always encouraged and welcomed multi-dimensional growth in the city. Ahmedabad is no doubt becoming an essential economic and industrial hub in the country, and the city is attracting enthusiastic job-seekers from all over the country. The ?old city? of Ahmedabad, which is a UNESCO World Heritage City, is found on the eastern bank of the Sabarmati River, standing proudly in its rustic grandeur. The newer parts of Ahmedabad are gradually developing into a modern Indian city, with tall buildings, posh neighborhoods, wide streets, offices, universities and shopping complexes on the western bank of the Sabarmati. Quite close to the Great Indian Desert, the city experiences hot and arid weather throughout the year but nonetheless, it attracts crowds of tourists every year to explore the ancient mausoleums, museums and the famous Sabarmati Ashram while relishing the delectable Ahmedabadi street food.
The Central Bank of India was found on 21st December 1911. Its head office is in Mumbai. The stocks of the bank are listed on Bombay Stock Exchange and National Stock Exchange in India. In 1938, the Barclays bank acquired the Central Bank Exchange of India. In 1963, Central Bank of Indias operations in Burma was nationalized by the government of Burma, and it became Peoples Bank No. 1. In 1969, the Central Bank was nationalized by the Indian Government on 19 July, together with 13 others.In the year 1980, Central Bank of India was one of the first banks in India to issue credit cards in collaboration with MasterCard. For the year ended 2013, Central Bank of India announces that the total business of Rs. 402000 Cr and the net profit of Rs. 1015 Cr. A new CMD, Mr. Rajiv Rishi was appointed by the Central Bank of India on 1 August 2013, who was previously ED of Indian Bank and General Manager of OBC. On 1 November 2013, the bank opened its second representative office in Hong Kong.