CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which was the first bank to open a branch on foreign soil?
A
Allahabad Bank
B
State Bank of India
C
Bank of India
D
Punjab National 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: -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-4: -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-5: -Allahabad Bank first open a branch in antarctica

There is 1 question to complete.