Gandhidham is located in the Kutch District in the Indian state of Gujarat. The town was built in the 1950s by Bhai Pratap Dialdas for the resettlement of the refugees from Sindh after the partition of India. It was initially called Sindhu Resettlement Corporation Ltd. The town was named after Mahatma Gandhi who was the father of the Indian nation. Gandhidham is considered to be the economic capital of Kutch. It is a rapidly developing city in the state. It is a growing city, ideal for families and retired individuals. It is also a favored destination for conventions and business meetings. The city offers a peaceful life to its residents, with a plenty of options for recreation and entertainments. It is known for its verdant picnic spots and parks. Gandhidham is connected to the rest of the country by road and rail. Transport Nagar, situated on the outskirts of the city, serves as the hub of all major transport activities of Gandhidham. There are many reputed educational institutions as well as all modern amenities available in the city that ensures a comfortable lifestyle to the residents.
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.