Mau is a town located in the Mau district of the Indian state of Uttar Pradesh. It is officially known as Maunath Bhanjan and it serves as the headquarter of the district. The city has a population of around 22 lakh people and the city celebrates various festivals like Holi, Diwali, Eid, Muharram, Durga Puja, Vijayadashami, Christmas, Bhaiya Duj, Chhath Puja, etc. with grand pomp and show. Mau is an industrial town. The textile industry of Benares and Mubarakpur saw a gradual decline over the last few decades but Mau still stands as one of the last bastions of textile hubs of UP. There are more than 50000 power-looms in the city and the state government is putting extra effort into modernizing this industry at Mau.
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.