The East India Bank
| Private sector | |
| ISIN | 🆔 |
| Industry | Banking, Insurance, Capital Markets and allied industries |
| Fate | Defunct in 1842 |
| Founded 📆 | 1 January 1842 as The East India Bank |
| Founder 👔 | |
| Defunct | 31 December 1842 |
| 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 East India Bank (1842) was a bank founded in the year 1842 in British India. The bank became defunct with the winding down of its operations in the same year in which it was founded, that is 1842. The bank was notable for being the twenty third oldest bank in India.[1][2]
History[edit]
Founding[edit]
The East India Bank was founded in 1842 in London, England. Though the bank was founded in London, its purpose was to serve the customers residing in British India.[3][4]
Management[edit]
The bank was staffed by mostly British nationals who were drawn mainly from the East India Company.[5]
The bank was headquartered in London in England.[6][7]
Final years[edit]
In 1842, the bank was on the verge of failure.[8][9]
The bank was finally closed in the year 1842.[10][11]
Legacy[edit]
The bank is notable for being the twenty third oldest bank in India.[12]
The bank played a key role in the history of Banking in India.[13]
See also[edit]
Other articles of the topic Banks : Bahrain National Holding BSC, Lehman Brothers Holdings Inc.
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References[edit]
External links[edit]
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