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What is the full form of CBI?

Full form of CBI: Here, we are going to learn about the CBI, full forms of CBI, overview, history, objectives, etc.
Submitted by Anushree Goswami, on February 04, 2020

CBI: Central bureau of Investigation / Central Bank of India


1) CBI: Central bureau of Investigation

CBI is an abbreviation of the Central Bureau of Investigation. It is a criminal investigation agency of India which operates under the jurisdiction of the Ministry of Personnel, Public Grievances and Pensions. Its head office is situated in New Delhi. A senior IPS officer commonly is the director-general of the CBI. Rishi Kumar Shukla is the current director-general of CBI. He is a 1983 batch IPS officer.

CBI operates under the Prime Minister of India. Its motto is "Industry, Impartiality, and Integrity".

CBI full form 1

Image source: https://en.wikipedia.org/wiki/Central_Bureau_of_Investigation

CBI History

In 1941, it was founded by the government of India as the Special Police Establishment to administer the domestic security. Afterward, on 1st April 1963, it was renamed as CBI. The first director-general of CBI was D.P. Kohli. In 1965, it was assigned with a small amount of some additional responsibilities like the investigation of economic offenses and regular crimes like murders, kidnapping, and crimes associated with terrorism.

What does CBI do?

  • Manage and control terrorism by taking severe measures.
  • It investigates all sorts of crime in India and occasionally outside of India also.
  • Manage and control cases of financial frauds.
  • Unsettled cases of the Police department of any state resolve by CBI.
  • It offers leadership and ways to the police forces in combating corruption.

2) CBI: Central Bank of India

CBI is also an abbreviation of Central Bank of India. It is a Government possessed bank. It is the leading commercial bank in India. Its head office is situated in Mumbai. The total branches of this bank are 4600 and it has more than 5000 ATMs all over India.

Pallav Mahapatra is the current CEO and Managing Director of Central Bank of India.

CBI full form 2

Image source: https://www.wikiwand.com/en/Central_Bank_of_India

History

On 21 December 1911, the Central bank of India bank was founded by Sorabji Pochkhanawala and its first chairman was Pherozeshah Mehta. The bank nationalized in 1969 by the government of India. Some of its revolutionary services are,

  • In 1921, it launched the Home Saving Safe Deposit Scheme.
  • In 1926, it launched the Safe Deposit Locker facility and Rupee Travellers' cheques.
  • In 1932, it launched the Deposit Insurance Benefit Scheme.
  • In 1976, it founded the Merchant Banking Cell.
  • In 1980, it launched the Central card, the credit card of Central Bank of India.
  • In 1986, it introduced the Platinum Jubilee Money Back Deposit Scheme.
  • In 1994, it launched the Quick Cheque Collection Service (QCC)

Awards and Achievements

  • It acknowledged the first prize for the outstanding execution of the Official Language Policy of Government of India in Mumbai for the year 2015-16.
  • Under the category of Mobile Banking, it acknowledged the Fintech India Award 2016.
  • Under RBI Rajbhasha Shield Scheme, it acknowledged the three first prizes for all three linguistic regions.
  • In 2016, it acknowledged the banking technology award for the best technology initiative.






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