Warangal is an important city in the Indian state of Telangana, which is the second largest in the state right after the capital city Hyderabad. The city is dotted with monuments and flouts a rich religious as well as cultural history. Warangal serves as the headquarters of Warangal Urban as well as Rural Districts. The city is divided into 58 political wards where with ward represented by an area comparator. Warangal has seen a rapid growth and urbanization in the recent years. Agriculture is the main economic activity. However, water crisis prevails and farming relies on irrigation depending mainly on the monsoons. Paddy, cotton, mango and wheat are some of the crops grown extensively in this area. Warangal has notable educational institutions such as the Kakatiya University, the Kakatiya Medical College and NIT Warangal. There are lots of attractions in and around Warangal for casual tourists as well as for students of history and culture. The Warangal Fort, Thousand Pillar Temple, Pakhal Lake, Kakatiya Rock garden, Kakatiya Musical Garden, Badhrakali Temple, etc are great places to visit in Warangal.
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.