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

As you asking I am telling An overdraft facility at Central Bank of India allows the individual to continue withdrawing money even if the account has no funds in it or not enough to cover the withdrawal. Basically, overdraft means that the bank allows customers to borrow a set amount of money.

Bank profile:
Type Public

Traded as BSE: 532885

NSE: CENTRALBK

Industry Banking, Financial services

Founded 21 December 1911; 105 years ago

Headquarters Mumbai, Maharashtra, India

Key people Shri. Rajeev Rishi, Chairman & Managing Director

Revenue 25,887.89 crore (US$4.0 billion)(2016)

Operating income 2,643 crore (US$410 million)(2016)

Net income -1,418.19 crore (US$−220 million) (2016)

Total assets 305,466.09 crore (US$48 billion) (2016)

Number of employees 37,685 (2016)

Capital ratio 10.41% (2016)