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The London Bank of Australia and India

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The London Bank of Australia and India
Private sector
ISIN🆔
IndustryBanking, Insurance, Capital Markets and allied industries
FateDefunct in 1852
Founded 📆1 January 1852 (1852-01-01) as The Agra Savings Fund
Founder 👔
Defunct31 December 1852 (1852-12-31)
Headquarters 🏙️, ,
Number of locations
United Provinces
Area served 🗺️
India
Products 📟 Deposits, Personal Banking Schemes, C & I Banking Schemes, Agri Banking Schemes, SME Banking Schemes
ServicesBanking, 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 London Bank of Australia and India (1852) was a bank founded in the year 1852 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 1852. The bank was notable for being the thirty third oldest bank in India.[1]

History[edit]

Founding[edit]

The London Bank of Australia and India was founded in 1852 in Agra, India.[2][3]

The bank largely served the customers of the United Provinces, which today corresponds to the Uttar Pradesh state of India.[4][5]

Management[edit]

The bank was staffed by mostly British nationals who were drawn mainly from the East India Company.[6]

The bank was headquartered in the Agra city in the United Provinces.[7][8]

Final years[edit]

In 1852, the bank was on the verge of failure.[9][10]

The bank was finally closed in the year 1852.[11][12]

Legacy[edit]

The bank is notable for being the thirty third oldest bank in India.[13]

The bank played a key role in the history of Banking in India.[14]

See also[edit]


Other articles of the topic Banks : Lehman Brothers Holdings Inc.
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References[edit]

  1. [1]
  2. [2]
  3. [3]
  4. [4]
  5. [5]
  6. [6]
  7. [7]
  8. [8]
  9. [9]
  10. [10]
  11. [11]
  12. [12]
  13. [13]
  14. "Reserve Bank of India - Museum". Rbi.org.in. 2015-04-14. Retrieved 2023-02-15.

External links[edit]


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