United Industrial Bank
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United Industrial Bank
United Industrial Bank (UIB) was founded in Calcutta in 1940 by Jadunath Ray. In 1989 Allahabad Bank acquired it in a rescue. In 1963 UIB acquired two banks. One was the Prabartak Bank, which the Prabartak Sangha movement had founded in Calcutta on 17 September 1929 as the Prabartak Bank and Insurance Company. At one point Prabartak Bank had a branch in Chittagong Chittagong ( /ˈtʃɪt əˌɡɒŋ/ ''chit-uh-gong''; ctg, চিটাং; bn, চিটাগং), officially Chattogram ( bn, চট্টগ্রাম), is the second-largest city in Bangladesh after Dhaka and third largest city in B .... The other was the Bank of Bankura, which had been established in Calcutta on 8 June 1936. In 1964 United Industrial Bank acquired two more banks: Metropolitan Bank on 6 February, and Southern Bank on 24 August. Both Southern and Metropolitan Bank had been established in Calcutta, Southern on 10 October 1934, and Metropolitan on 16 October 1936. In 1965 the Government o ...
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Kolkatta
Kolkata (, or , ; also known as Calcutta , List of renamed places in India#West Bengal, the official name until 2001) is the Capital city, capital of the Indian States and union territories of India, state of West Bengal, on the eastern bank of the Hooghly River west of the border with Bangladesh. It is the primary business, commercial, and financial hub of East India, Eastern India and the main port of communication for North-East India. According to the 2011 Indian census, Kolkata is the List of cities in India by population, seventh-most populous city in India, with a population of 45 lakh (4.5 million) residents within the city limits, and a population of over 1.41 crore (14.1 million) residents in the Kolkata metropolitan area, Kolkata Metropolitan Area. It is the List of metropolitan areas in India, third-most populous metropolitan area in India. In 2021, the Kolkata metropolitan area crossed 1.5 crore (15 million) registered voters. The ...
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Allahabad Bank
Allahabad Bank was an Indian nationalised bank with its headquarters in Kolkata, India. Founded in Allahabad in 1865 and nationalized by the government of India in 1969, the bank provided banking and financial services for 155 years until it was merged with Indian Bank in 2020. , Allahabad Bank had over 3245 branches across India. The bank did a total business of 3.8 trillion during the FY 2017–18. The bank's market capitalisation was US$573 million and ranked #1,882 on the Forbes Global 2000 list. 19th century On 24 April 1865, founded Allahabad Bank in Allahabad. By the end of the 19th century it had branches at Jhansi, Kanpur, Lucknow, Bareilly, Nainital, Calcutta, and Delhi. 20th century In the early 20th century, with the start of Swadeshi movement, Allahabad Bank witnessed a spurt in deposits. In 1920, P & O Banking Corporation acquired Allahabad Bank with a bid price of per share. In 1923 the bank moved its head office and the registered office to Calcutta for ...
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Prabartak Sangha
Prabartak Sangha ( bn, প্রবর্ত্তক সংঘ) is a charitable institution known for its social work. It was founded in 1920 by Motilal Roy, a revolutionary, who was inspired and initiated in the spiritual path by Sri Aurobindo. Based in Chandernagore, the Prabartak Sangha in its heyday had branches in the districts of Howrah, undivided 24 Parganas and Chittagong. Foundation In 1915, a Bengali literary magazine named Prabartak was launched under the editorship of Manindra Nath Nayak with the blessings of Motilal Roy and Sri Aurobindo. In 1920, Roy founded the Prabartak Sangha in Chandannagar, then a French possession. In 1925, he assumed the title of Sangha Guru or the chief spiritual leader of the organization. In May 1927, Rabindranath Tagore laid the foundation of the prayer hall of the Prabartak Sangha. Activities The Sangha was founded with the aim of nation building which it sought to achieve through the social and economic upliftment of the masses. It ...
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Chittagong
Chittagong ( /ˈtʃɪt əˌɡɒŋ/ ''chit-uh-gong''; ctg, চিটাং; bn, চিটাগং), officially Chattogram ( bn, চট্টগ্রাম), is the second-largest city in Bangladesh after Dhaka and third largest city in Bengal region. It is the administrative seat of the eponymous division and district. It hosts the busiest seaport on the Bay of Bengal. The city is located on the banks of the Karnaphuli River between the Chittagong Hill Tracts and the Bay of Bengal. The Greater Chittagong Area had a population of more than 5.2 million in 2022. In 2020, the city area had a population of more than 3.9 million. One of the world's oldest ports with a functional natural harbor for centuries, Chittagong appeared on ancient Greek and Roman maps, including on Ptolemy's world map. It was located on the southern branch of the Silk Road. In the 9th century, merchants from the Abbasid Caliphate established a trading post in Chittagong. The port fell to the Muslim co ...
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Defunct Banks Of India
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 ...
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Banks Established In 1940
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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Banks Based In Kolkata
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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