Imperial Bank was formed in ________ by the amalgamation of three presidency banks – the Bank of Bengal, the Bank of Bombay, and the Bank of Madras:

Related MCQs

• The Imperial Bank was renamed:
• Imperial Bank of India was nationalised in _______.
• Cooperative banks has three-tier structure, at the top, there is
• The deposit balances kept by all commercial banks with the central bank are known as---------.
• The nationalization of 14 major commercial bank was in June 1969 & six more banks were nationalized in April
• ------ is the rate at which the central bank rediscounts the bills of commercial banks
• Two types of Commercial banks have been stipulated by Section_______ of the Reserve Bank of India Act, 1934:
• Which bank has given the instructions to the commercial banks regarding the immediate credit of outstation cheque?
• There are three parties to a bank draft:
• Deposits mobilised by the banks are utilised for: i. loans and advances ii. investment in government and other approved securities in fulfilment of liquidity stipulation iii. investment in commercial paper, shares, debentures up to stipulated ceilings