Jamshedpur is the earliest planned industrial city of India and also the most populous city in the Indian state of Jharkhand. The rivers Subarnarekha and Kharkai border two edges of the city which is surrounded by the picturesque Dalma Hills and located on the Chota Nagpur plateau. The city is named after Jamsedji Tata, who had planned and funded the development of the city. Companies like Tata Steel, Tata Power, Tata Motors, TCE, TCS, Lafarge Cement, Telcon, BOC Gases, etc. are located here. Jamshedpur houses the largest industrial zone in India, known as Adityapur, which has more than 1200 SMEs. Tata steel is the oldest and largest Steel producing plant in India. The areas surrounding the city of Jamshedpur are rich in minerals, especially iron ore, coal, manganese, bauxite and lime. It is the hub of the iron and steel industry, truck manufacturing, tinplate production, cement and other SMEs manufacturing these products. The administration of the city is looked after by Greater Jamshedpur Metropolitan Region, with the help of TATA group.
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.