Question

Wbite a brief note
on the origin and development
of banking in India?​

Answer 1

Answer:

HEY THERE,

The banking system started with the foundation of Bank of Hindustan in the then capital , Kolkata in 1770.

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Answer 2

Answer:

Modern banking in India originated in the last decade of the 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791