Muzaffarnagar is a city as well as a municipal council in the Indian state of Uttar Pradesh. It is a part of the National Capital Region. It lies in the Doab region of Indo-Gangetic Plain. A Mughal Commander by the name of Sayyid Muzaffar Khan founded the city near the ancient town of Sarwat in 1633 during the reign of Shah Jahan. The native language of the city is Khari Boli, which is a prestigious dialect of Hindi. It resembles the Haryanvi dialect of Hindi. The economy of Muzaffarnagar depends upon the sugar and jaggery production. The farming activities in the area are focussed on jaggery and the city boasts of its huge jaggery trading business. There are eight sugar mills in the district of Muzaffarnagar. Apart from sugar and jaggery, Muzaffarnagar is also known for its production of steel and paper. The famous Shiv Chowk at the center of the city attracts many devotees of Lord Shiva during the Maha Shivratri ceremony every year. The city is known for its delectable cuisine, especially the chaats and sweets like "ghevar" are wildly craved for.
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.