Kottayam is a prosperous city in the Indian state of Kerala. The city functions as the administrative capital and headquarter of the Kottayam district. Kottayam was previously known as ?Cottayam? and ?Cotym? during the British rule. Kottayam is situated on the banks of the Meenachil River. Kottayam is known to be is one of the main centers of literature; it is hence known as the Akshara Nagari or the Land of Letters. Many Malayalam daily newspapers such as Deepika, Malayala Manorama and Mangalam had started in Kottayam and are headquartered in the city. Kottayam houses the headquarters of The Malankara Orthodox Syrian Church. Various missionaries and the Christian churches established many educational institutions in and around the city during the British period. This city is often referred to as Chuvarchithra Nagari or the City of Murals. Domestic tourism has incredibly increased in Kottayam for its beautiful lakes and scenic hilly locations. Kottayam is a major producer or later and a trading center of natural rubber in India. It is the greatest contributor to the citys economy. The cultivation and trade of spices also boost the economy of Kottayam considerably. Kottayam experiences a moderate and pleasant climate with seasonal high levels of humidity.
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.