|CBI Full Form||Central bureau of Investigation|
|CBI Full Form||Central Bank of India|
Central bureau Of Investigation
CBI full form is Central Bureau of Investigation. CBI is the Domestic Security Agency of India, which investigates large-scale cases in India and reports to the Home Ministry. Its main function is to invest in complex cases.
CBI was established in 1941 and is headquartered in New Delhi. The CBI’s job is to investigate every case related to National Security. It performs its work under the Department of Personnel & Training. The functioning of the FBI (Federal Bureau of Investigation) and CBI is very similar.
Most of the work has to be done by the CBI at the behest of the High Court and the Supreme Court. Whenever a case gets bigger and is not resolved soon, the lawyers demand that the matter be investigated by the CBI, then the court gives order to investigate. The CBI team is more powerful than the CID team, although no one can interfere in the CBI case, but the Prime Minister can do so.
Functions Of CBI
- Control terrorism by taking strict actions.
- Investigate all types of crime in India and sometimes outside India also.
- Handle the cases of financial frauds.
- Resolve the unsolved cases of Police department of any state.
- Provide leadership and direction to the police forces in fighting corruption.
Central Bank Of India
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. It is headquartered in Mumbai. This bank has 4600 branches and more than 5000 ATMs in all over the India. It is one of the 18 Public sector banks in India.
A number of innovative and unique banking activities have been launched by Central Bank of India and a brief mention of some of its pioneering services are as under:
|1921||Introduction to the Home Savings Safe Deposit Schemeto build saving/thrift habits in all sections of the society.|
|1924||An Exclusive Ladies Department to cater to the Bank’s women clientele.|
|1926||Safe Deposit Locker facility and Rupee Travellers’ Cheques.|
|1929||Setting up of the Executor and Trustee Department.|
|1932||Deposit Insurance Benefit Scheme.|
|1976||The Merchant Banking Cell was established.|
|1980||Centralcard, the credit card of the Bank was introduced.|
|1986||Platinum Jubilee Money Back Deposit Scheme’ was launched.|
|1989||The housing subsidiary Cent Bank Home Finance Ltd. was started with its headquarters at Bhopal in Madhya Pradesh.|
|1994||Quick Cheque Collection Service (QCC) & Express Service was set up to enable speedy collection of outstation cheques.|