BANKING HISTORY
>First
bank established in India: Bank of Hindustan in 1770
>Second
bank: General Bank of India, 1786
>Oldest
bank in India originated in the Bank of Calcutta in June 1806 which was still
in existence – State Bank of India
>State
Bank of India merged with three banks namely Bank of Bengal, Bank of Bombay and
Bank of Madras in 1921 to form the Imperial bank of India which was converted
as State Bank of India
