What was d name of first bank established in India ?
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Answer Posted / m.nath
Banking dates back to 1786, the first bank established in
India, then the nationalisation of banks in 1969 and
recently the liberalisation of the same since 1991.
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Bank of India was founded in 1906 in Mumbai. It became the
first Indian bank to open a branch outside India in London
in 1946 and the first to open a branch in continental Europe
at Paris in 1974.
| Is This Answer Correct ? | 45 Yes | 65 No |
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