Established in 1911, Central Bank of India 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'. In fact, such was the extent of pride felt by Sir Sorabji Pochkhanawala that he proclaimed Central Bank of India as the 'property of the nation and the country's asset'.

Among the Public Sector Banks, Central Bank of India can be truly described as an All India Bank, due to distribution of its large network in all 28 States and also in 7 out of 8 Union Territories in India. Central Bank of India holds a very prominent place among the Public Sector Banks on account of its network of 4594 Branches, 1 Extension counters, along with 10 Satellite Offices (as on Jun 2021) at various centres throughout the length and breadth of the country.

Central Bank has established EE cell and has also depouted technical and financial resource to look after EE projects.