The city of Karimnagar, situated in the Indian state of Telangana, functions as a municipal corporation as well as the district headquarters of the Karimnagar district. The Manair River flows through this city, which is a tributary of the Godavari. Karimnagar has been selected by the Indian Government, to be developed into a smart city under the Smart Cities Mission. The region experiences a dry inland climate with hot summers and mild winters, quite similar to the weather of Hyderabad. Telugu and Urdu are the most common languages spoken by the residents of Karimnagar. The Satavahana University is located in Karimnagar and the city is known to be major education center in North-western parts of Telangana as it has produced several renowned intellectuals, poets, politicians and technologists. Apart from being an educational hub, Karimnagar also serves as a health hub for the northern regions of Telangana. The city is also a major business center. Karimnagar is popularly known for its granite and its agro-based industries. Karimnagars Silver Filigree is a local silverware handicraft that is used for trade.
Incorporated in 1911, the Central Bank of India was the first commercial bank which was entirely owned and managed by Indians. Sir Sorabji Pochkhanawala, founded the Bank as a result of his dream realization about the bank. The first Chairman was Sir Pherozesha Mehta of this pure swadeshi Bank. In fact, Sir Sorabji Pochkhanawala felt so proud about this bank that he proclaimed CBI as the "countrys asset and property of the nation." He also said that "CBI has been made on peoples faith and considers itself as the peoples bank." During the last 106 years of history, the Bank has faced challenges and threats. The CBI successfully transformed every threat into an opportunity of business and excelled over its competitors in the Banking industry. The Central Bank of India can be honestly mentioned as an all India bank, due to stretch of its vast network across all the 29 States and 6 Union Territories of India. Among the public sector banks, the Central Bank of India holds a very significant place on account of its 4715 Branches, 1 Extension counters, along with 10 Satellite Offices as on January 2018, at various centers throughout the length and breadth of the country.