BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The first Indian bank to open a branch outside India in London in 1946?
A
SBI
B
PNB
C
BOB
D
BOI
Explanation: 

Detailed explanation-1: -Then came an International mark in 1946, Bank of India opens a branch in London. Being the first Indian Bank to have branches overseas. Rajarshee Paul and 449 others like this.

Detailed explanation-2: -Bank of India was founded in 1906 in Mumbai. It became the first Indian bank to open a branch outside India in London in 1946 and the first to open a branch in continental Europe at Paris in 1974. 2.

Detailed explanation-3: -Bank opened its first overseas operations in Colombo. Singapore branch was opened.

Detailed explanation-4: -The first bank of India was the “Bank of Hindustan”, established in 1770 and located in the then Indian capital, Calcutta.

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