Nadiad is a large city in the Kheda district of the Indian state of Gujarat. Nadiad hosts around 2.3 lakh residents who mainly speak in Gujarati and Hindi. It is believed that this city had been a settlement of rope-dancers. The historical name of Nadiad was "Natapadra" which means outskirts of natas (ropes) or "Natpur" which means city of natas. It is also called Nandgam. The city has a special regard for the number 9 as it has nine step wells, nine villages or towns located in it, nine roads that enter and exit the city and nine lakes. Nadiad is also referred to as sakshar Bhumi which means The land of the educated. Nadiad experiences mild winters and very hot summers. Nadiad was the land of laureates and writers during the late 19th century and the early 20th century when the city largely contributed to the Gujarati literature.
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.