Nagercoil is located in the Indian state of Tamil Nadu. It functions as the administrative headquarters of Kanyakumari. Nagercoil is situated very close to the tip of the Indian peninsula. It is surrounded by the Western Ghats on all sides. Earlier, it was a part of the Travancore state for a brief period soon after the Indian independence. It was merged with Tamil Nadu in 1956. The city has a Temple of the Nagas which is known as the Nagaraja Temple. The city has acquired its name from this temple. The Fish-net manufacturing is a thriving business in and around the town. Commercial fishing nets are manufactured and supplied to the domestic and export markets. Other cottage industries such as coir-making, handloom-weaving, floral trade, rubber products, food-processing units and lace-making also contribute to the citys economy as they are manufactured for trade. There are many reputed educational institutions in this city. A few interesting places worth visiting in and around this city are the Nagaraja Temple, Nagercoil Clock Tower, St. Xaviers Church, etc.
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.