Punjab National Bank (PNB) was established in 1895 at Lahore. PNB has the distinction of being the first Indian bank to have been started solely with Indian capital.
In 1946 when a new era of freedom and prosperity was dawning in India, pioneers of Bank of India took a big leap in International financial arena by opening first ever Indian Bank branch beyond Indian Territories.
Union Bank of India was inaugurated by Mahatama Gandhi and the Bank commenced its operations in 1920. The Bank is a Public Sector Unit with 60.85% Share Capital held by the Government of India.
State Bank of Bikaner & Jaipur has informed the BSE that the bank has decided to raise upper tier-II capital by private placement of unsecured, redeemable, non-convertible, subordinated bonds.
Andhra Bank was founded by Dr.Bhogaraju Pattabhi Sitaramayya. The bank commenced business on 28th November 1923 with a paid up capital of Rs 1 lakh and an authorised capital of Rs 10 lakh.
Central Bank of India is one of the oldest and largest commercial banks in India. It was established in 1911 by Sir Sorabji Pochkhanawala[1] and was the first commercial Indian bank completely owned by Indians.
