by Yogi P - August 21, 2023

What is the full form of CBI?

Full form of CBI is the Central Bank of India.

Please Note: Central Bureau of Investigation is also known as CBI. We will discuss these one by one here.

What is Central Bank of India (CBI)?

CBI stands for the “Central Bank of India.” But remember, CBI can also mean the “Central Bureau of Investigation”. In this context, though, we’re talking about the bank.

A Little About Central Bank of India:

• Central Bank of India is not just any regular bank; it’s one of the oldest and largest banks in India, and it’s owned by the Indian government.
• You’ll find its main office in Mumbai, which is a financial hotspot of India.
• Even though it sounds super official, it’s not the main monetary authority of India; it’s a public bank.

Cool Facts About Central Bank of India:

• Founded way back in 1911, it was the first completely Indian-owned commercial bank.
• The Reserve Bank of India (RBI) has given a nod to the Central Bank of India to open branches in some global cities like Dubai, Singapore, London, and Doha.
• As of March 2020, it’s everywhere! With 4,608 branches, 3,644 ATMs, ten satellite offices, and even one extension counter.
• Geographically, they’re spread across every corner of India, covering all 28 states, 7 of the 8 union territories, and 574 district headquarters.

Now let us discuss about Central Bureau of Investigation (CBI)

The Central Bureau of Investigation, commonly abbreviated as CBI, is India’s foremost investigative agency that operates on a federal level. It has been a torchbearer in maintaining the rule of law in the country by delving deep into numerous high-profile cases, ensuring that justice is served.

What is Central Bureau of Investigation (CBI)?

CBI is the apex investigative agency in India, primarily focusing on high-profile corruption cases, multi-state criminal operations, and international cases where Indian interests are involved. Established in 1941 as the Special Police Establishment, it was renamed the Central Bureau of Investigation in 1963.

Role and Responsibilities

CBI has a broad mandate that includes:

1. Anti-Corruption Division: Investigates cases against public officials and the government.
2. Economic Offences Division: Deals with economic frauds, major bank scams, and financial irregularities.
3. Special Crimes Division: Probes cases related to terrorism, bomb blasts, sensational homicides, kidnapping, and crimes related to the exploitation of women and children.
4. Directorate of Prosecution: Overseeing the legal proceedings in the court.

Jurisdiction and Powers

While CBI’s jurisdiction was initially limited to Union Territories, over the years, it has been expanded to states with their consent. The power to investigate lies primarily with the state police; however, the CBI can take over the investigation with the consent of the state government or under the directives of the courts.

Significant Achievements

CBI has solved several significant cases that gained national and international attention. These include the Bofors scam, the 2G spectrum case, and the investigation into the match-fixing allegations against cricketers in the late 1990s. Its operations have led to the arrest of influential people, thereby establishing its reputation as a fearless and unbiased agency.

Controversies and Challenges

Like any significant organization, the CBI has had its share of controversies. Allegations of political interference and bias have occasionally cropped up. The agency’s autonomy and its ability to operate without external influence have been topics of national debate.

Future Directions

CBI continues to evolve with the changing times, adopting new techniques, technologies, and training methodologies. Its collaboration with international investigative agencies and its commitment to upholding justice ensure that it remains a crucial pillar of India’s legal and justice system.

When concluding we can say that the Central Bureau of Investigation, with its extensive history, diverse roles, and unparalleled achievements, stands out as an epitome of investigative prowess in India. Its commitment to unveiling the truth, even in the face of adversity, makes it an invaluable asset to the nation.

Authenticated resource of this informations:

Official website of Central Bureau of Investigation (CBI) at https://cbi.gov.in/
Official website of Central Bank of India at https://centralbankofindia.co.in/en