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
2
Q
The first Presidency Bank was the Bank of Calcutta, established by East India Company on __.
A
2nd June 1806
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