Journey Through Time: India's Oldest Banks and Their Stories

The Bank of Hindustan was the first bank to be founded in India. Source: Social Media

The Bank of Hindustan was founded in Calcutta in 1770. Source: Social Media

Nevertheless, this bank operated for only 50 years before eventually shutting down. Source: Social Media

Let's learn about some other historic banks in India. Source: Social Media

Bank of Bombay, it was founded in 1720 Source: Social Media

Bank of India, it was established in 1786 Source: Social Media

The Bank of Calcutta, established in 1806, was later renamed the Bank of Bengal . Source: Social Media

Founded in 1865, Allahabad Bank was nationalized by the Indian government in 1969. In 2020, it merged with Indian Bank. Source: Social Media

Punjab National Bank, it was established in 1894 Source: Social Media

Source: Social Media The Surprising Currency That Leaves the Dollar Far Behind