Ujjain is situated in the central Indian state of Madhya Pradesh. It is the administrative headquarters of the Ujjain district and is also known as ?The city of Temples.? It lies on the banks of the eastern river Kshipra. In antiquity, Ujjain was an important center of learning and power in the country. It was ruled by different dynasties and was a pre-eminent seat of power for the most powerful rulers in central India. The city is divided into 54 wards that help in its proper civic governance. Manufacturing and textile industries along with agricultural yields like soybean, wheat, jowar and bajra form the backbone of the citys economy. It has a lengthy history of being a center for learning and that has further developed in recent times through prestigious institutions like Vikram University, Pt. Jawaharlal Nehru Institute of Business Management, Maharshi Panini Sanskrit University, Mahakal Institute of Technology, Ruxmaniben Deepchand Gardi Medical College, Ujjain Engineering College, etc. Ujjain is a city of temples. It holds an important place in the Hindu pilgrim trails in India. Its temples and monuments like Mahakaleshwar Jyotirlinga, Shri Mahakaleshwar Temple, Vikram Kirti Mandir, Bade Ganeshji Ka Mandir, Ram Ghat, Gadkalika Temple, Sandipani Ashram, Iskon temple are well respected and must-visit destinations for Hindu devotees.
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.