The Calcutta Bank (1824)
Bank established in India in 1824 / From Wikipedia, the free encyclopedia
Not to be confused with Bank of Calcutta.
The Calcutta Bank was a bank founded in the year 1824 in British India. The bank was the twelfth oldest bank in India.[1]
Quick Facts Company type, Industry ...
Company type | Private sector |
---|---|
Industry | Banking, Insurance, Capital Markets and allied industries |
Founded | 1 April 1824; 200 years ago (1824-04-01) as The Calcutta Bank (1824) |
Defunct | 31 March 1828 (1828-03-31) |
Fate | merged with The Commercial Bank (1819) to form The Union Bank (1828) in 1828 |
Headquarters | |
Number of locations | Bengal Presidency |
Area served | India |
Products | Deposits, Personal Banking Schemes, C & I Banking Schemes, Agri Banking Schemes, SME Banking Schemes |
Services | Banking, Trade Finance |
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The bank was merged with The Commercial Bank (1819) to form The Union Bank (1828) in 1828. Further, The Union Bank itself became defunct in 1848.[1]