Social Sciences, asked by krish4550, 1 year ago

Explain the evolution of banking system in india

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Answered by punipatel2

1

Banking in India, in the modern sense, originated in the last decades of the 18th century. Among the first bankswere the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank ofIndia, established in 1786 but failed in 1791. ... These are now called its associate banks.

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