Jamnagar, situated in the western Indian state of Gujarat, is the fifth largest city in the state and also the administrative capital of Jamnagar district. The city has plenty of nicknames. It is also known as ?Brass city? for its largest production of Brass items in India. The city is also nicknamed as ?Oil city? for hosting the world?s largest oil refinery of Reliance Industries. Jamnagar is divided into 21 wards and subzones for an effective administration. The economy of the city is mainly sourced from its mining industries. Jamnagar is the home of Reliance Industries and petrochemicals, which obviously boosts the citys economic growth. Jamnagar has huge reserves of bauxite. It is known for the traditional "Bandhani" clothes that are popular all over the world. The city hosts many educational institutions like Government Polytechnic College, Gujarat Ayurved University, Shri Vidhyasagar Infotech College, M P Shah Medical College, Government Dental College & Hospital, etc. There are a handful of visiting spots in the city like Darbargadh Palace, Willingdon Crescent, Pratap Vilas Palace, Lakhota Fort, Solarium, Bhujio Kotho, Kotha Bastion, Dhanvantri Mandir, Jam Ranjitsinhji Park, Ranjit Sagar Dam, Shantinath Mandir, Balachadi Beach, etc. Jamnagar has base stations of all three wings of Defence - the Indian army, navy and airforce.
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.