The historic city of Panipat is located in the Indian state of Haryana. The three huge battles were fought near this city in 1526, 1556 and 1761, which were all major turning points in the Indian history. The city is well-known in the area by its nickname the "City of Weavers" and "Textile City." It is the global center for recycling textiles. According to the Hindu epic Mahabharata, Panipat was one of the five cities or prasthas that were founded by the Pandavas and was named Pandavaprastha in the ancient time. The city houses the Panipat Refinery and the Panipat Thermal plant. It has a population of around 9 lakh people with an average literacy rate of 87%. Few places of tourist interest in the city are the Panipat Museum, Hemus Samadhi Sthal, Ibrahim Lodhis Tomb, Baburs Kabuli Bagh Mosque, Salar Ganj Gate, Kala Amb, etc. The city is well connected to all the nearby regions through roads and railway.
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.