Hello sir can you here tell me comparison of Central bank of india and Reserve Bank Of India, as I am doing preparation of IBPS interview??

On your demand here I am telling you the difference between Reserve Bank of India and Central Bank of India is while Reserve Bank of India is the Central Bank which controls the entire Banking in India, Central Bank of India is one of the Nationalised Bank in India but both are owned by Govt of India,

Beside it Central Bank of India transact the business like accepting deposit from Public and gives loan for the needy persons by observing the system and procedures. Supply of Currency and monitoring all Banks in India is the primary function of Reserve Bank of India.

Reserve Bank of India is India's central banking institution, that controls the monetary policy of the Indian rupee. Reserve Bank of India commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934:

Headquarters Shahid Bhagat Singh Marg Mumbai, Maharashtra
Coordinates Coordinates: 18.932679°N 72.836933°E
Established 1 April 1935; 80 years ago
Governor Raghuram Rajan
Currency Indian Rupee (₹)
Reserves US$351.92 billion
Bank rate 7.75%
Interest on reserves 4.00%(market determined)


Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India. Central Bank of India is located in Mumbai which is the financial capital of India and capital city of state of Maharashtra:

Native name सेन्ट्रल बैंक ऑफ़ इंडिया
Type Public company
BSE & NSE:CENTRALBK
Industry Financial
Commercial banks
Founded 21 December 1911; 104 years ago
Headquarters Mumbai, Maharashtra, India
Key people Shri. Rajeev Rishi, Chairman & Managing Director
Revenue ₹191495 million (US$2.9 billion) (2010-11)
Number of employees 42000(approx)
Slogan Build a better life around us