Mysore city is officially named as Mysuru. It is the third among the largest cities in the south Indian state of Karnataka. It is located at the foothills of the Chamundi hills and has an enormous historical and cultural background. The rule of different dynasties dominates its history which reflects through the various palaces and other landmarks in the city. The city lies close to the state capital Bangalore and provides an investment option for companies, away from the hustle and bustle of the capital city. Tourism, Sandalwood products and textiles drive the economy of the city. Mysore silk sarees are favorite among Indian women. The city has seen a lot of development in recent days with the rise of the software sector when Infosys set up a huge campus in Mysore. Other MNCs like Larsen & Toubro Infotech and Excelsoft Technologies followed suit. Mysore hosts many central government organizations such as RBI Paper Printing Press, RBI Note printing Press and several others that provide a considerable employment opportunity to the residents. Mysore has many educational institutions which nurture the talent of the youth and shape them up for the various industries in the city. Few of the esteemed institutes in Mysore are the University of Mysore, Visvesvaraya Technological University, Mysore medical college, etc. The city is a haven for tourism with splendid attractions such as the Mysore Palace, Nagarhole national park, Mysore zoo, Chamundeshwari temple, St. Philomenas church, etc.
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.