Carnatic Bank
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The Carnatic Bank was an Indian bank founded in the year 1788 in British India. The bank was the seventh oldest bank in India.[1] The bank was eventually merged with the Bank of Madras in 1843.[2]
Quick Facts Company type, Industry ...
Company type | Private sector |
---|---|
Industry | Financial services |
Founded | 1 April 1788 (1788-04-01) as The Bengal Bank |
Founder | Josias Du Pré Porcher |
Defunct | 31 March 1843 (1843-03-31) |
Fate | Merged with the Bank of Madras |
Successor | Bank of Madras |
Headquarters | , |
Area served | Madras Presidency in India |
Key people | Josias Du Pré Porcher |
Products | Deposits, Personal Banking Schemes, C & I Banking Schemes, Agri Banking Schemes, SME Banking Schemes |
Services | Banking, Insurance, Capital Markets and allied industries |
Parent | State Bank of India |
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