BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which was the first bank to open a branch on foreign soil?
A
Bank of India
B
State Bank of India
C
Bank of Punjab
D
Allahabad Bank
Explanation: 

Detailed explanation-1: -Bank of India was the first Indian bank to open the branch outside India at London in 1946.

Detailed explanation-2: -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-3: -BoI’s international expansion began in 1946 when the bank BoI opened a branch in London, the first Indian bank to do so.

Detailed explanation-4: -Allahabad Bank first open a branch in antarctica

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