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Oudh Commercial Bank
Oudh Commercial Bank or Awadh Commercial Bank was an Indian bank established in 1881 in Faizabad and operated until 1958 when it failed. It was the first commercial bank in India having limited liability and an entirely Indian board of directors. It was a small bank that had no branches and that served only local needs. History Before it failed it acquired the Bank of Rohilkund (or Bank of Rohilkhand), which Sir Yusef Ali Khan, Nawab of Rampur Rampur State was a 15 gun-salute princely state of British India. It came into existence on 7 October 1774 as a result of a treaty with Oudh. Following independence in 1947, Rampur State and other princely states of the area, such as Bena ... (1832–1887), had promoted over the objection of local moneylenders.''Indian Journal of History of Science'', 1982, Volumes 17-18, p.112. Bank of Rohilkund was established in 1862, just after the acceptance of limited liability for banks. Bank of Rohilkund was the first promoted by a princel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
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 a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Faizabad
Faizabad (Hindustani pronunciation: ɛːzaːbaːd is a city situated near the southern banks of Saryu river in Ayodhya district in the Indian state of Uttar Pradesh. The area of this Faizabad region is administered by Ayodhya Municipal Corporation. It was the headquarters of Faizabad district and Faizabad division until 6 November 2018, when the Uttar Pradesh cabinet headed by chief minister Yogi Adityanath approved the renaming of Faizabad district as Ayodhya district and Faizabad division as Ayodhya division. Faizabad is situated on the banks of river Saryu about 130 km east of state capital Lucknow. It was the first capital of the Nawabs of Awadh and has monuments built by the Nawabs, like the Tomb of Bahu Begum, Gulab Bari. History According to ''The Imperial Gazetteer of India'', " en Saadat Khan was appointed governor of Oudh he built a hunting lodge 4 miles west of Ayodhya n 1730 then the head-quarters of the province. Gardens were laid out and shops sprang ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
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 a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yusef Ali Khan
Nawab Muhammad Yusef Ali Khan Bahadur, KSI, (5 March 1816 – 21 April 1865) was a Nawab of the princely state of Rampur from 1855 to 1865. During the First War of Independence, he rendered many useful services to the Government of India by keeping the British supply and communication lines to Naini Tal open, rescuing fugitives and securing the town of Moradabad. For his service, he was granted extensive lands in Bareilly by the Viceroy of India, Lord Canning, was knighted in 1861 and given a 13-gun salute along with the style of ''His Highness''. Finally, he was made a member of the Viceroy's Council. Despite this multitude of honours, Sir Yusef continued to preserve the Mughal artistic tradition by inviting musicians, scholars and artists of Bahadur Shah Zafar II's court to resettle at Rampur, including the great poet Ghalib. Dying at 49 in 1865, he was succeeded by his son, Sir Kalb Ali Khan Bahadur. Shortly before he died, the Yusef Ali Khan promoted the formation of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nawab Of Rampur
Rampur State was a 15 gun-salute princely state of British India. It came into existence on 7 October 1774 as a result of a treaty with Oudh. Following independence in 1947, Rampur State and other princely states of the area, such as Benares and Tehri Garhwal were merged into the United Provinces. Rampur state had its capital in Rampur city and its total area was 945 sq miles. History The Rohilla War of 1774–75 began when the Rohillas reneged on a debt they owed to the Nawab of Oudh for military assistance against the Maratha Empire in 1772. The Rohillas were defeated and driven from their former capital of Bareilly by the Nawab of Oudh with the assistance of the East India Company's troops lent by Warren Hastings. The Rohilla State of Rampur was established by Nawab Faizullah Khan on 7 October 1774 in the presence of British Commander Colonel Champion, and remained a pliant state under British protection thereafter. Faizullah Khan was a leader among the Pashtuns. Hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of India
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1881
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1881 Establishments In India
Events January–March * January 1–January 24, 24 – Siege of Geok Tepe: Russian troops under General Mikhail Skobelev defeat the Turkmen people, Turkomans. * January 13 – War of the Pacific – Battle of San Juan and Chorrillos: The Chilean army defeats Peruvian forces. * January 15 – War of the Pacific – Battle of Miraflores: The Chileans take Lima, capital of Peru, after defeating its second line of defense in Miraflores. * January 24 – William Edward Forster, chief secretary for Ireland, introduces his Coercion Bill, which temporarily suspends habeas corpus so that those people suspected of committing an offence can be detained without trial; it goes through a long debate before it is accepted February 2. * January 25 – Thomas Edison and Alexander Graham Bell form the Oriental Telephone Company. * February 13 – The first issue of the feminist newspaper ''La Citoyenne'' is published by Hubertine Auclert. * Febru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Awadh
Awadh (), known in British historical texts as Avadh or Oudh, is a region in the modern Indian state of Uttar Pradesh, which was before independence known as the United Provinces of Agra and Oudh. It is synonymous with the Kośāla region of Hindu, Bauddh, and Jain scriptures. Awadh is bounded by the Ganges Doab to the southwest, Rohilkhand to the northwest, Nepal to the north, and Bhojpur-Purvanchal to the east. Its inhabitants are referred to as Awadhis. It was established as one of the twelve original subahs (top-level imperial provinces) under 16th-century Mughal emperor Akbar and became a hereditary tributary polity around 1722, with Faizabad as its initial capital and Saadat Ali Khan as its first Subadar Nawab and progenitor of a dynasty of Nawabs of Awadh (often styled Nawab Wazir al-Mamalik). The traditional capital of Awadh is Lucknow, also the station of the British Resident, which now is the capital of Uttar Pradesh. Etymology The word Awadh is supposed to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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