Central Bank of India

Central Bank of India

VGI TIE UP with Central Bank of India Venkateshwara Group of Institutions has taken a step forward in the field of education by establishing a bond (tie up) with CENTRAL BANK OF INDIA. This initiative would help the weaker sections of the society 

to avail easy educational and other loans. With this new venture we have ensured that none of the students of weaker section are left behind in the field of education just because they are unable to afford it. 
 
Our relationship with Central bank of India would help in imparting knowledge to relatively wider sections of the society. Central Bank of India is one of the oldest commercial banks of India, and reportedly the first truly Indian bank which was totally owned and established by Indians without any foreign help. 
 
Sir Sorabji Pockhanawala was the founder of the bank, who had always dreamt of establishing a thoroughly Indian bank, who was so happy and excited about the project that he reportedly termed the Central Bank of India as “property of the nation and the country’s asset”. The first Chairman of the bank was Sir Pherozesha Mehta, a yet another Indian enthusiast. In the year 1969 the bank was nationalized by the Government of India.
 
Central bank of India claims to be the first bank to be conferred with the National Award for Excellence in Micro and Small Enterprises (MSE) Lending for the year 2007-08. The bank entered a partnership with Kotak Mahindra Assets Management Company in December 2008, under which all the Kotak Mutual Fund Products will be made available through central bank of India branches.
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