Introduction
The article Indian and International Bank Tag lines provides the complete list of different Bank’s Tag lines. These tag lines includes both Indian and International list. These Bank’s Tag lines are very useful for the static Gk Section in several Bank related exams like IBPS PO, IBPS mains, etc. The article Indian and International Bank Tag lines can help the aspirants to perform well in the bank exams to score maximum marks with accuracy.
History
Indian and International Bank Tag lines:
History
Bank is a lawful organization which accepts
deposits and
sanction the loan to the individual.
Managing an account in
India has a long history beginning from the late
18th century. The root of present day
saving money began from
1770 for the sake of
"Bank of Hindustan" by English office
'Place of Alexander and Co' in
Kolkata anyway it was shut in
1832. Further in
1786 "General Bank of India" was begun and it flopped in
1791.
The first bank established
in India was
Bank of Hindustan in 1770 in Calcutta under the
European Government.
- Later The East India company established the bank of Bengal in 1806. The bank of Bombay was established in 1840 and The bank of Madras which established in 1843. These three banks together is called as presidency bank. These banks merged together and become as an Imperial bank of India.
- Allahabad bank was established by Indians in 1865 at Kolkata. Oudh commercial bank was the first commercial bank in India Which managed by the Indian Board in 1881 with limited liability at Faizabad.
- The first purely Indian bank was Punjab national bank established in 1894 in Lahore and it is the oldest bank in India.
- Bank of India, Central Bank of India, Bank of Baroda, Canara bank, Indian Bank and bank of Mysore these lists of banks were founded between 1906 and 1913.
- The reserve bank of India established in 1935.
- The Government of India Introduced the banking companies Act, 1949 and later it changed to the Banking regulation Act,1949. This Act is used for efficient functioning and activities.
- The Imperial bank was nationalized in 1955 and that was changed as State bank Of India with expensive banking facilities in rural and semi-urban areas. It is a largest bank in India.