Question

Which place central bank situated first time in India

Answer 1

Answer:

Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India. It is based in Mumbai which is the financial capital of India and capital city of state of Maharashtra. Central bank of India is one of 18 Public Sector banks in India to get recapitalised in 2009.

Answer 2

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The first time banks were nationalized in India was on 19 July, 1969. Osborne Smith was the first governor of the Reserve Bank.

History of banking in India.