The Bank of Calcutta which was founded on June 2, 1806, to fund General Wellesley’s wars against Tipu Sultan and the Marathas was renamed as Bank of Bengal on January 2, 1809 is known today as ________?

Question

The Bank of Calcutta, established in 1806 to finance military campaigns in India, was renamed the Bank of Bengal in 1809. It was one of the first banks in India and played a crucial role in the development of the banking system in the country. The Bank of Bengal later merged with other banks to form the Imperial Bank of India, which eventually became the State Bank of India in 1955, the largest bank in India today.

GKToday Admin · Accepted Answer

SBI The Bank of Calcutta, established in 1806 to finance military campaigns in India, was renamed the Bank of Bengal in 1809. It was one of the first banks in India and played a crucial role in the development of the banking system in the country. The Bank of Bengal later merged with other banks to form the Imperial Bank of India, which eventually became the State Bank of India in 1955, the largest bank in India today.

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