The city of Jammu in the Jammu Division of the Indian state of Jammu and Kashmir is the winter capital of the state. All the administrative offices of Jammu & Kashmir move from Srinagar to Jammu from November to April. Jammu is the main cultural and economic center of the administrative division of Jammu. The city dwells on the banks of River Tawi, with five bridges on the river. Jammu city is surrounded by the Shivalik range and the Trikuta Range. It experiences a humid subtropical climate with extremely torrid summer reaching 46 ?C, and freezing winters, occasionally falling below 4 ?C. Tourism is the largest industry in Jammu. The city serves as a focal point for the pilgrims visiting Vaishno Devi. All the major tourist attractions in Kashmir such as Poonch, Doda and Laddakh are reached via Jammu city. Hence, the city bustles with tourists from all the parts of India throughout the year. Various places of tourist interest in and around Jammu include old historic relics like Mubarak Mandi, Rani Park, Amar Mahal, Purani Mandi, Bahu Fort, Ranbireshwar Temple, Karbala, Raghunath Temple, Peer Meetha, Old city, etc. The economy of the city is also supported by its number of woodgrain mills and rice mills which cater to the local population. There is an industrial estate located at Bari Brahamna which has Industrial units manufacturing products like carpets, electronic goods, electric goods, etc. This area also has a freight rail link which aids in carrying the manufactured goods to other parts the country.
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.