The Bank of India (1836)
| Private sector | |
| ISIN | 🆔 |
| Industry | Banking, Insurance, Capital Markets and allied industries |
| Fate | Defunct in 1836 |
| Founded 📆 | 1 January 1836 as The Bank of India |
| Founder 👔 | |
| Defunct | 31 December 1836 |
| Headquarters 🏙️ | , , |
Number of locations | British India |
Area served 🗺️ | India |
| Products 📟 | Deposits, Personal Banking Schemes, C & I Banking Schemes, Agri Banking Schemes, SME Banking Schemes |
| Services | Banking, Trade Finance |
| Members | |
Number of employees | |
| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
| 📇 Address | |
| 📞 telephone | |
The Bank of India (1836) was a bank founded in the year 1836 in British India. The bank became defunct with the winding down of its operations in the same year it was founded, that is 1836. The bank was notable for being the eighteenth oldest bank in India.[1][2]
History
Founding
The Bank of India (London) was founded in 1836 in London, England. Although the bank was founded in London, its purpose was to serve customers residing in British India.[1][2]
Management
The bank was staffed by mostly British nationals who were drawn mainly from the East India Company.[1][2] The bank was headquartered in London in England.[1][2]
Final years
In 1836, the bank was on the verge of failure.[1][2] The bank was finally closed in the year 1836.[1][2]
Legacy
The bank is notable for being the eighteenth oldest bank in India.[3] The bank played a key role in the history of Banking in India.[4]
See also
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "Memory Deposit - BW Businessworld". businessworld.in. Retrieved 2023-02-27.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 "Foreign Banks in Historical Perspective : Economic and Political Weekly". epw.in. Retrieved 2023-02-27.
- ↑ "Reserve Bank of India - Museum". rbi.org.in. Retrieved 2023-02-27.
- ↑ "Reserve Bank of India - Museum". Rbi.org.in. 2015-04-14. Retrieved 2023-02-15.
External links
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