23-12-2010: Central Bank of India Postage Stamp


Central Bank of India was founded by Sir Sorabji Pochkhanawala in 1911,with its headquarters located in Mumbai. It was established with the vision of creating a commercial bank owned and managed by Indians. It is one of the oldest and largest commercial banks in India today. Sir Sorabji Pochkhanawala proudly declared it the asset of the nation and the asset of the country, emphasizing its status as the people’s bank. The Indian Postal Department issued a postage stamp commemorating the work and development of the Central Bank of India. The Central Bank of India expanded its reach by opening a branch in Hyderabad in 1918 and a branch in Secunderabad in 1925. 

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