What was d name of first bank established in India ?

Answer Posted / k s sudhir chand

The first bank was establised in 1720 "The General bank Of
india". The Hindustan bank was also established at the same
time but was a failiur. In 1786 "The General bank Of India"
was recognised hence it is said to be established in 1786
i.e. the banking in india started in 1786.

Is This Answer Correct ?    36 Yes 18 No



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