Mira-Bhayander is a part of the Mumbai Metropolitan Region, around 35 kilometers away from the state capital Mumbai. It is located in the northern side of Salsette Island in the Thane district of Maharashtra. The Mira-Bhayander Municipal Corporation runs the administration of the city which reportedly has more than 8 lakh residents. The residents of this area speak mostly in Marathi, but Gujarati and Hindi are quite prevalent. Mira-Bhayandar consists of residential as well as industrial areas. While most of the residents travel to the city for work, quite a few are employed in the several manufacturing units located in some parts of Mira and the eastern parts of Bhayandar. There are a few government-owned Salt Pans in this city. The city offers plenty of scope for development as it has the potential to become a large industrial complex.
The CBI is one of the oldest and largest commercial banks in India and owned by the government. It is headquartered in Mumbai, the capital city of the state of Maharashtra and known as the financial capital. The bank has 4715 branches, 5319 ATMs across 27 Indian states and three Union Territories. Overseas, the CBI has a branch at Nairobi, Hong Kong having a joint venture with Bank of Baroda, Bank of India, and the Zambian government.CBI has also opened a representative office at Nairobi in Kenya recently. It is one of the 20 Public Sector banks in India to receive recapitalization finance from the government over the next 24 months. For opening representative offices in five more locations - Singapore, Dubai, Doha, and London, the Central Bank of India approached the RBI. The reserves of the bank and surplus stood at ? 283030 million. As of 31 March 2015, the total business at the end of the last fiscal approximately amounted to ? 45,05,390 million. On 21 December 1911, Sir Sorabji Pochkhanawala founded the Central Bank of India with Sir Pherozeshah Mehta as the Chairman. The Indian Government nationalized the Central Bank of India on 19 July, 1969together with 13 others banks.