Alliance Bank Of Simla
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Alliance Bank Of Simla
The Alliance Bank of Simla was a British-run though India-registered bank that commenced operations in Simla in 1874 under the management of James Lewis Walker. The bank was established to take over the business of the United Bank of India, established in 1866, which had operations in Simla and Umballa. Its board put the United Bank of India in voluntary liquidation on 21 March 1874, and Alliance Bank commenced operations two days later.''The Cyclopedia of India: biographical, historical, administrative, commercial'', (1907), Volume 1, p.248. After 49 years, Alliance Bank failed on 27 April 1923 due to speculation by its management. At the time that it failed it had 36 branches, including ones in Lahore, Lucknow, Peshawar, Rawalpindi, and Rangoon. History Alliance Bank expanded by taking over the operations of other failed banks. By doing so it was able to extend its branch network and reduce the competition that some of its branches faced. It was the liquidator for Punjab Bank ...
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India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, int ...
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Reserve Bank Of India ZTC, Kolkata (Calcutta), Council House Street
Reserve or reserves may refer to: Places * Reserve, Kansas, a US city * Reserve, Louisiana, a census-designated place in St. John the Baptist Parish * Reserve, Montana, a census-designated place in Sheridan County * Reserve, New Mexico, a US village * Reserve, Wisconsin, a census-designated place in the town of Couderay * Reserve Mines, a community in Cape Breton Regional Municipality, Nova Scotia, Canada Auctions * Auction reserve, a minimum amount of money bid required for a sale, e.g., in an English auction * No-reserve auction (NR), also known as an absolute auction, an auction in which the item for sale will be sold regardless of price Economics and finance * Reserve (accounting), any part of shareholders' equity, except for basic share capital * Actuarial reserves, a liability equal to the present value of the future expected cash flows of a contingent event * Bank reserves, holdings of deposits in central banks plus currency that is physically held in bank vaults * Fo ...
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Agra And Masterman's Bank
The Agra Bank was founded in 1833 in Agra in the Indian state of Uttar Pradesh with a capital of £1,000,000. It was liquidated in 1900.Stuart Muirhead, Edwin Green. ''Crisis Banking in the East'', Ashgate Publishing, 1996 Agra Bank By 1840 its business was still confined to advances to the military. Attempts to circulate banknotes were blocked by the government but in any case notes had little appeal to the bulk of local residents. A branch was established in Somerset Place, Calcutta and by the mid-1850s Calcutta had become its head office with branches in Madras and Bombay and a London agency. Branches in Lahore and Canton were added and at the end of the 1850s the head office was moved to London. London Agra and United Service Bank The Agra and United Service Bank was incorporated in England in 1857 and issued banknotes but it was unable to gain entry to the London Bankers' Clearing House.Dennis O. Flynn, A.J.H. Latham, Sally M. Miller (editors). ''Studies in the Economic Hist ...
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Meerut
Meerut (, IAST: ''Meraṭh'') is a city in Meerut district of the western part of the Indian state of Uttar Pradesh. The city lies northeast of the national capital New Delhi, within the National Capital Region and west of the state capital Lucknow. , Meerut is the 33rd most populous urban agglomeration and the 26th most populous city in India. It ranked 292nd in 2006 and is projected to rank 242nd in 2020 in the list of largest cities and urban areas in the world. The municipal area (as of 2016) is . The city is one of the largest producers of sports goods, and the largest producer of musical instruments in India. The city is also an education hub in western Uttar Pradesh, and is also known as the "Sports City Of India". The city is famous for being the starting point of the 1857 rebellion against Company rule in India. Origin of the name The city may have derived its name from 'Mayarashtra' (Sanskrit: मयराष्ट्र), the capital of the kingdom of Mayasura, ...
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Bank Of Upper India
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Darjeeling
Darjeeling (, , ) is a town and municipality in the northernmost region of the Indian state of West Bengal. Located in the Eastern Himalayas, it has an average elevation of . To the west of Darjeeling lies the easternmost province of Nepal, to the east the Kingdom of Bhutan, to the north the Indian state of Sikkim, and farther north the Tibet Autonomous Region region of China. Bangladesh lies to the south and southeast, and most of the state of West Bengal lies to the south and southwest, connected to the Darjeeling region by a narrow tract. Kangchenjunga, the world's third-highest mountain, rises to the north and is prominently visible on clear days. In the early 19th century, during East India Company rule in India, Darjeeling was identified as a potential summer retreat for British officials, soldiers and their families. The narrow mountain ridge was leased from the Kingdom of Sikkim, and eventually annexed to British India. Experimentation with growing tea on the slop ...
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Lloyd's Bank
Lloyds Bank plc is a British retail and commercial bank with branches across England and Wales. It has traditionally been considered one of the " Big Four" clearing banks. Lloyds Bank is the largest retail bank in Britain, and has an extensive network of branches and ATMs in England and Wales (as well as an arrangement for its customers to be serviced by Bank of Scotland branches in Scotland, Halifax branches in Northern Ireland and vice versa) and offers 24-hour telephone and online banking services. it had 16 million personal customers and small business accounts. Founded in Birmingham in 1765, it expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies. In 1995 it merged with the Trustee Savings Bank and traded as Lloyds TSB Bank plc between 1999 and 2013. In January 2009, it became the principal subsidiary of Lloyds Banking Group, which was formed by the acquisition of HBOS by the then-Lloyds TSB Group. It has ...
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Mussoorie
Mussoorie is a hill station and a municipal board, near Dehradun city in the Dehradun district of the Indian state of Uttarakhand. It is about from the state capital of Dehradun and north of the national capital of New Delhi. The hill station is in the foothills of the Garhwal Himalayan range. The adjoining town of Landour, which includes a military cantonment, is considered part of "greater Mussoorie", as are the townships of Barlowganj and Jharipani. Mussoorie is at an average altitude of . To the northeast are the Himalayan snow ranges, and to the south, the Doon Valley and Shiwalik ranges. The second highest point is the original Lal Tibba in Landour, with a height of over . Mussoorie is popularly known as ''The Queen of the Hills''. History Mussoorie has long been known as Queen of the Hills. The name Mussoorie is often attributed to a derivation of ', a shrub which is indigenous to the area. The town is often referred to as ''Mansuri'' by Indians. In 1803 the Go ...
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Himalaya Bank
The Himalayas, or Himalaya (; ; ), is a mountain range in Asia, separating the plains of the Indian subcontinent from the Tibetan Plateau. The range has some of the planet's highest peaks, including the very highest, Mount Everest. Over 100 peaks exceeding in elevation lie in the Himalayas. By contrast, the highest peak outside Asia (Aconcagua, in the Andes) is tall. The Himalayas abut or cross five countries: Bhutan, India, Nepal, China, and Pakistan. The sovereignty of the range in the Kashmir region is disputed among India, Pakistan, and China. The Himalayan range is bordered on the northwest by the Karakoram and Hindu Kush ranges, on the north by the Tibetan Plateau, and on the south by the Indo-Gangetic Plain. Some of the world's major rivers, the Indus, the Ganges, and the Tsangpo–Brahmaputra, rise in the vicinity of the Himalayas, and their combined drainage basin is home to some 600 million people; 53 million people live in the Himalayas. The Himalayas have pro ...
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Reserve Bank Of India
The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Nashik (Western India) and Dewas (Central India). RBI established the National Payments Corporation of India as one of its specialised division to regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialised division for the purpose of providing insurance of deposits and guaranteeing of credit facilit ...
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Imperial Bank Of India
The Imperial Bank of India (IBI) was one of the oldest and the largest commercial bank of the Indian subcontinent, and was subsequently transformed into the State Bank of India in 1955. Initially, as per its royal charter, it acted as the central bank for British India prior to the formation of the Reserve Bank of India (RBI) in 1935. Origin The Imperial Bank of India is started through the kayasth trading and banking corporation which work to the monthly payment paid of teacher's of colleges and school and came into existence on 27 January 1921 through the reorganisation and amalgamation of the three Presidency Banks of colonial India into a single banking entity. The decision of his majesty's government was certainly influenced by the 1912 book "Indian Currency and Finance" authored by John Maynard Keynes. The Presidency Banks were the Bank of Bengal, established on 2 June 1806, the Bank of Bombay (incorporated on 15 April 1840), and the Bank of Madras (incorporated on 1 ...
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Thomas Acquin Martin
Sir Thomas Acquin Martin (6 March 1850 – 29 April 1906) was an English industrial pioneer in India, and agent-general for Afghanistan. Early life Martin was born in Four Oaks, Sutton Coldfield, Birmingham, on 6 March 1850, son of Patrick William Martin, a leather manufacturer, and wife Mary Anne Bridges. He was educated at the Oratory, Edgbaston, and then entered the engineering firm of Walsh, Lovett and Co in Birmingham. He married Sarah Ann Harrby on 2 April 1869 in Birmingham. In India In 1874, Martin went to Calcutta (present-day Kolkata) to start a branch for Walsh, Lovett and Co. Soon afterwards he founded the firm Martin & Co in Calcutta. The firm took over in 1889 the Bengal Iron and Steel Company, which inaugurated production on a capitalised basis, permitting competition with imported steel and iron. The firm pioneered the construction in India of light railways (which it also managed), to serve as feeders of the main lines. Many jute mills in Bengal were constru ...
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