INDIA BANKS WHICH WERE FOUNDED BEFORE 1947
FEDERAL BANK
INITIALLY KNOWN AS TRAVANCORE FEDERAL BANK, FEDERAL BANK LTD WAS FOUNDED BY K.P. HORMIS IN 1931.
ALLAHABAD BANK
ALLAHABAD BANK WAS FOUNDED ON 24 APRIL 1865, BY THREE EUROPEANS IN THE CITY AFTER WHICH IT IS NAMED. IN 1969, IT WAS ONE OF THE 14 BANKS TO BE NATIONALIZED.
BANK OF BARODA
BANK OF BARODA WAS FOUNDED IN 1908 BY MAHARAJA SAYAJIRAO GAEKWAD III OF BARODA, SUPPORTED BY SEVERAL EMINENT PERSONALITIES.
PUNJAB NATIONAL BANK
FOUNDED IN LAHORE IN 1895 BY A GROUP OF VISIONARIES AND PATRIOTS – INCLUDING LALA LAJPAT RAI AND E.C JESSAWALA.
CANARA BANK
AMMEMBAL SUBBARAO PAI FOUNDED CANARA BANK IN 1906 AND CALLED IT THE CANARA BANK HINDU PERMANENT FUND. IT WAS RENAMED CANARA BANK IN 1969 AFTER NATIONALIZATION.
BANK OF INDIA
FOUNDED BY A GROUP OF EMINENT BUSINESSMEN FROM BOMBAY, INCLUDING RATANJI DADABHOY TATA, BANK OF INDIA WAS UNDER PRIVATE OWNERSHIP TILL JULY 1969 WHEN ITS WAS NATIONALIZED.
ORIENTAL BANK
RAI BAHADUR LALA SOHAN LAL, THE FIRST CHAIRMAN OF ORIENTED BANK OF COMMERCE, FOUNDED IT IN 1943 IN LAHORE.
DENA BANK
DENA BANK WAS FOUNDED ON 26 MAY 1938 BY THE FAMILY OF DEVKARAN NANJEE, AN INDIAN FINANCIER MORE POPULARLY KNOWN AS C.D. DESAI. IT WAS NATIONALOZED IN 1969.
KARNATAKA BANK
KARNATAKA BANK WAS INCORPORATED ON 18 FEBRUARY 1924 AT MANGALORE IN KARNATAKA. LATER, IT MERGED WITH SRINGERI SHARDA BANK LTD, CHITRADURGA BANK LTD AND BANK OF KARNATAKA.
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