3 Flashcards

1
Q

The origin of modern banking started from 1770 in the name of “Bank of Hindustan” by English agency ‘__’ in Kolkatta however it was closed in1832.

A

House of Alexander & Co

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2
Q

The first Presidency Bank was the Bank of Calcutta, established by East India Company on __.

A

2nd June 1806

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3
Q

The three presidency banks were re-organized and amalgamated to form a
single entity named “Imperial Bank Of India” on ___. It was later
transformed into “State Bank Of India” in1955 July 1st.

A

27th Jan 1921

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