Bhatpara is a city in the Barrackpore subdivision of the Indian state of West Bengal. It is a municipality situated in the North 24 Parganas district. It is included in the Kolkata Metropolitan Development Area or KMDA. The place is known for its rich culture and traditions, especially in the field of Sanskrit learning. The name Bhatpara has been derived from its the ancient name "Bhatta-Palli," where Bhatta refers to the sect of Brahmins who were Sanskrit scholars and Palli refers to locality or village. Nestled on the banks of Hooghly river, this city is known to be house a lot of jute processing plants. Bhatpara was known for its Sanskrit education and most of the schools and colleges in the vicinity of the city offer courses in Sankskrit. It is mostly a residential city with most of its residents working in various service sectors of the KMDA region.
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.