name the first bank of india?

Answer 1

bank of India in 1906

Answer 2

State Bank of India.

Answer 3

Imperial Bank of India. Later on, after independence, transformed to State Bank Of India.

Answer 4

During the East India Government rule, it was Imperial Bank. which changed name to "State Bank of India" after the independence.

So far that is the only bank which handles the currency exchange to and from India to other countries. Have fun.

Answer 5

Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks.



Beginning with one office in Mumbai, with a paid-up capital of Rs.50 lakh and 50 employees, the Bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international operations. In business volume, the Bank occupies a premier position among the nationalised banks.

The Bank has 2628 branches in India spread over all states/ union territories including 93 specialised branches. These branches are controlled through 48 Zonal Offices . There are 24 branches/ offices (including three representative offices) abroad.

The Bank came out with its maiden public issue in 1997. Total number of shareholders as on 31/03/2006 is 2,38,708.

Answer 6

the Bank of India, most likely started when the British were governing over India

Answer 7

Bank of India was founded in 1906 in Mumbai.

Bank of India was the first Indian Bank to open a branch outside the country, at London, in 1946, and also the first to open a branch in Europe at Paris in 1974.

Thus,Bank of India became the first Indian bank to open a branch in Mumbai & outside India .

Answer 8

Bank of India was founded in 1906 in Mumbai.

Answer 9

bank of india.....