CENTRAL BANK OF INDIA

CENTRAL BANK OF INDIA

Established in 1911, Central Bank of India (CBI) was the first Indian commercial bank which was wholly owned and managed by Indians. The establishment of the bank was the ultimate realisation of the dream of Sir Sorabji Pochkhanawala, founder of the Bank. Sir Pherozesha Mehta was the first Chairman of a truly 'swadeshi bank'. The emblem of the bank in red colour is an abstract representation of its motto. The four solid red squares at top, right, bottom and left represent man, finance, industry and nation respectively. Central Bank of India has changed its symbol, logo and baseline in 1982 so as to state its objectives in more clear and better terms and to give a new meaning to its motto. The four squares in the symbol of the bank represent the four focal points, viz., man, finance, industry and nation, evolving in their harmonious inter-relationships, on which the bank focuses the services rendered by it vis-à-vis its role in the economy. The bars that join the squares effectively depict the two-way interactions between the said focal points of the bank. Further, the symbol implies the bank’s role in establishing the desirable balance between man and industry and between the nation and finance by placing the focal points at top, bottom and at sides respectively. The common man generates savings that are mobilised and channelized for the development of industries. The industries contribute to the prosperity of the nation. The nation in turn provides for the welfare of man.