Bank of Calcutta
The Bank of Calcutta (a precursor to the present State Bank of India) was founded on 2 June 1806, mainly to fund General Wellesley's wars against Tipu Sultan and the Marathas. It was the first bank of India and was renamed Bank of Bengal on 2 January 1809. The bank opened branches at Rangoon (1861), Patna (1862), Mirzapur (1862), and Benares (1862). When it became known that the bank intended to open a branch at Dacca, negotiations began that resulted in Bank of Bengal in 1862 amalgamating Dacca Bank (est. 1846). A branch at Cawnpore followed.
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Bank of Calcutta
The Bank of Calcutta (a precursor to the present State Bank of India) was founded on 2 June 1806, mainly to fund General Wellesley's wars against Tipu Sultan and the Marathas. It was the first bank of India and was renamed Bank of Bengal on 2 January 1809. The bank opened branches at Rangoon (1861), Patna (1862), Mirzapur (1862), and Benares (1862). When it became known that the bank intended to open a branch at Dacca, negotiations began that resulted in Bank of Bengal in 1862 amalgamating Dacca Bank (est. 1846). A branch at Cawnpore followed.
has abstract
The Bank of Calcutta (a precur ...... 55 as the State Bank of India.
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extinction date
1921-01-27
extinction year
fate
Merged withBank of BombayandBank of Madras
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founding date
1806-06-02
founding year
industry
location city
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region served
successor
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718,863,928
former name
Bank of Calcutta
subject
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The Bank of Calcutta (a precur ...... A branch at Cawnpore followed.
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label
Bank of Calcutta
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name
Bank of Bengal
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