Central Bank Of India
700 branches are running without branch managers

CENTRAL BANK OF INDIA WHICH HAPPENED TO BE THE TOP AMONG THE BANKS NATIONALIZED IN 1969 IS IN A VERY PATHETIC CONDITION NOW. IT HAS MORE THAN 3500 BRANCHES BUT ABOUT 700 BRANCHES ARE BEING FUNCTIONING WITHOUT BRANCH MANAGERS.GOD KNOWS WHICH MANAGEMENT GUIDE HAS GIVEN SUCH METHOD OF COST CUTTING TO THE MANAGEMENT OF CENTRAL BANK OF INDIA. THIS EFFORT OF COST CUTTING BY THE BANK WILL CERTAINLY AFFECT THE NET PROFIT OF THE BANK ADVERSELY AND INVESTORS WHO HAVE INVESTED IN THE SHARES OF CENTRAL BANK OF INDIA WILL BE SUFFERED A LOT FINANCIALLY

Company: Central Bank Of India
Country: India

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