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Categories >> Accounting >> Accounting General
 
 


 

 
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Question
which is the first bank established in india?
 Question Submitted By :: Accounting-General
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Answer
# 1
Banking in India in the modern sense originated in the last decades of the 18th century. The first banks were The General Bank of India, which started in 1786, and Bank of Hindustan, which started in 1770; both are now defunct. The oldest bank still in existence in India is the State Bank of India. 
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