Which was the first foreign bank set up in India ?

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Which was the first foreign bank set up in India ?

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Avijit Das 4 months 2 Answers 349 views Gold 0

Answers ( 2 )

  1. Chartered Bank was the first foreign bank set up in India.

    As per Wikipedia ” Chartered bank was formed in London, was founded in 1853 by James Wilson under the grant of a Royal Charter from Queen Victoria. In 1858, it opened its first branches in Calcutta, Bombay, Shanghai, Hong Kong and Singapore. Foreign banks in India today, such as Standard Chartered Bank and HSBC, found their roots in financing the growing trade between Asia and the rest of the world.”

  2. Chartered Bank was the first foreign bank set up in India . As perĀ  Wikipedia “Foreign banks in India today, such as Standard Chartered Bank and HSBC, found their roots in financing the growing trade between Asia and the rest of the world.

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