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New Bank of India was established in 1936, in Lahore by Mulk Raj Kohli, a professor of Economics turned banker. It moved its head office to Amritsar in 1947, and then to New Delhi in 1956. It acquired Didwana Industrial Bank in 1965, Chawla Bank in 1969, and Sahukara Bank in 1971. Earlier New Bank of India had acquired Punjab & Kashmir Bank.
The Government of India nationalized New Bank of India in 1980. Punjab National Bank acquired New Bank of India in 1993. [1] [2]
Punjab, historically known as Pentapotamia or Panchanada, is a historical, geopolitical, ethnolinguistic and cultural region in the northwestern part of South Asia, along the five major eastern tributaries of the Indus River in the Indian Subcontinent. The region is divided between modern-day eastern-Pakistan and northwestern-India.
The Partition of India in 1947 was the change of political borders and the division of other assets that accompanied the dissolution of the British Raj in the Indian subcontinent and the creation of two independent dominions in South Asia: India and Pakistan. The Dominion of India is today the Republic of India, and the Dominion of Pakistan—which at the time comprised two regions lying on either side of India—is now the Islamic Republic of Pakistan and the People's Republic of Bangladesh. The partition was outlined in the Indian Independence Act 1947. The change of political borders notably included the division of two provinces of British India, Bengal and Punjab. The majority Muslim districts in these provinces were awarded to Pakistan and the majority non-Muslim to India. The other assets that were divided included the British Indian Army, the Royal Indian Navy, the Royal Indian Air Force, the Indian Civil Service, the railways, and the central treasury. Provisions for self-governing independent Pakistan and India legally came into existence at midnight on 14 and 15 August 1947 respectively.
Events in the year 1947 in India. It was a very eventful year as it became independent from the British crown, resulting in the split of India and Pakistan. Many people died during partition and India became a democracy.
Bank of Baroda is an Indian government Public sector bank headquartered in Vadodara, Gujarat. It is the second largest public sector bank in India after State Bank of India. Based on 2023 data, it is ranked 586 on the Forbes Global 2000 list.
Punjab National Bank is an Indian government public sector bank based in New Delhi. It was founded in May 1894 and is the second-largest public sector bank in India in terms of its business volumes, with over 180 million customers, 12,248 branches, and 13,000+ ATMs.
The Indo-Pakistani war of 1947–1948, also known as the first Kashmir war, was a war fought between India and Pakistan over the princely state of Jammu and Kashmir from 1947 to 1948. It was the first of four Indo-Pakistani wars between the two newly independent nations. Pakistan precipitated the war a few weeks after its independence by launching tribal lashkar (militias) from Waziristan, in an effort to capture Kashmir and to preempt the possibility of its ruler joining India.
Punjab & Sind Bank is an Indian public sector bank headquartered in New Delhi. As of 18 April 2023, the bank has 1553 branches which are widely spread across India out of which 635 branches are in the state of Punjab, and 25 zonal offices located all over India.
The Radcliffe Line was the boundary demarcated by the two boundary commissions for the provinces of Punjab and Bengal during the Partition of India. It is named after Cyril Radcliffe, who, as the joint chairman of the two boundary commissions, had the ultimate responsibility to equitably divide 175,000 square miles (450,000 km2) of territory with 88 million people.
The Indian Independence Act 1947 is an act of the Parliament of the United Kingdom that partitioned British India into the two new independent dominions of India and Pakistan. The Act received Royal Assent on 18 July 1947 and thus modern-day India and Pakistan, comprising west and east regions, came into being on 15 August.
In India, President's rule is the suspension of state government and imposition of direct Union government rule in a state. Under Article 356 of the Constitution of India, if a state government is unable to function according to Constitutional provisions, the Union government can take direct control of the state machinery. Subsequently, executive authority is exercised through the centrally appointed governor, who has the authority to appoint other administrators to assist them. The administrators are usually nonpartisan retired civil servants not native to the state.
State Bank of Patiala, founded in 1917, was an associate bank of the State Bank Group. It merged with State Bank of India on 1 April 2017. At the time of its merger, State Bank of Patiala had a network of 1445 service outlets, including 1314 branches, in all major cities of India, but most of the branches were located in the Indian states of Punjab, Haryana, Himachal Pradesh, Rajasthan, Jammu & Kashmir, Uttar Pradesh, Madhya Pradesh, Delhi, Gujarat and Maharashtra.
The Dominion of India, officially the Union of India, was an independent dominion in the British Commonwealth of Nations existing between 15 August 1947 and 26 January 1950. Until its independence, India had been ruled as an informal empire by the United Kingdom. The empire, also called the British Raj and sometimes the British Indian Empire, consisted of regions, collectively called British India, that were directly administered by the British government, and regions, called the princely states, that were ruled by Indian rulers under a system of paramountcy. The Dominion of India was formalised by the passage of the Indian Independence Act 1947, which also formalised an independent Dominion of Pakistan—comprising the regions of British India that are today Pakistan and Bangladesh. The Dominion of India remained "India" in common parlance but was geographically reduced. Under the Act, the British government relinquished all responsibility for administering its former territories. The government also revoked its treaty rights with the rulers of the princely states and advised them to join in a political union with India or Pakistan. Accordingly, the British monarch's regnal title, "Emperor of India," was abandoned.
India–Pakistan relations are the bilateral ties between the Republic of India and the Islamic Republic of Pakistan. The two countries have a complex and largely hostile relationship that is rooted in a multitude of historical and political events, most notably the partition of British India in August 1947.
Balraj Madhok was an Indian political activist and politician from Jammu. Originally an activist of the nationalist organisation Rashtriya Swayamsevak Sangh (RSS), he later worked as a politician in the Bharatiya Jan Sangh (BJS).
The Alliance Bank of Simla was a British-run though India-registered bank that commenced operations in Simla in 1874 under the management of James Lewis Walker. The bank was established to take over the business of the United Bank of India, established in 1866, which had operations in Simla and Umballa. Its board put the United Bank of India in voluntary liquidation on 21 March 1874, and Alliance Bank commenced operations two days later. After 49 years, Alliance Bank failed on 27 April 1923 due to speculation by its management. At the time that it failed it had 36 branches, including ones in Lahore, Lucknow, Peshawar, Rawalpindi, and Rangoon.
When the All-India Muslim League was founded at Dacca, on 30 December 1906 at the occasion of the annual All India Muhammadan Educational Conference, It was participated by the Muslim leaders from Punjab, i.e., Sir Mian Muhammad Shafi, Mian Fazl-i-Hussain, Abdul Aziz, Khawaja Yusuf Shah and Sh. Ghulam Sadiq. Earlier Mian Muhammad Shafi organised a Muslim Association in early 1906, but when the All-India Muslim League was formed, he established its powerful branch in the Punjab of which he became the general secretary. Shah Din was elected as its first president. This branch, organised in November 1907, was known as the Punjab Provincial Muslim League.
During the Partition of India, violence against women occurred extensively. It is estimated that during the partition between 75,000 and 100,000 women were kidnapped and raped. The rape of women by men during this period is well documented, with women sometimes also being complicit in these attacks. In March 1947, systematic violence against women started in Rawalpindi where Sikh women were targeted by Muslim mobs. Violence was also perpetrated on an organized basis, with Pathans taking Hindu and Sikh women from refugee trains while one alleged that he witnessed armed Sikhs periodically dragging Muslim women.
The Jalandhar–Jammu line is a railway line connecting Jalandhar Cantonment and Jalandhar City in the Indian state of Punjab with Jammu Tawi in Jammu and Kashmir. The line is under the administrative jurisdiction of Northern Railway. This line was made after Indian Independence in 1947. Normally before partition of India and creation of Pakistan, trains to Jammu Tawi from Delhi used to run via Panipat, Ambala Cantonment, Ludhiana, Jalandhar City, Amritsar, Lahore, Narowal and Sialkot. But after partition and creation of Pakistan in 1947, the Sialkot–Jammu Tawi line was dismantled and closed permanently. Jammu and Kashmir became cut off from rest of India. Hence in 1949, it was decided to extend the line from Jalandhar City to Mukerian till Pathankot and after the Indo-Pakistani War of 1965, this line was extended to Jammu Tawi. This 216 km (134 mi) railway line is an important strategic connectivity for Indian Military and Defence.
Jammu is a city in Indian-administered Jammu and Kashmir in the disputed Kashmir region. It is the winter capital of Jammu and Kashmir, which is an Indian-administered union territory. It is the headquarters and the largest city in Jammu district. Lying on the banks of the river Tawi, the city of Jammu, with an area of 240 km2 (93 sq mi), is surrounded by the Himalayas in the north and the northern plains in the south. Jammu is the second-most populous city of the union territory. Jammu is known as "City of Temples" for its ancient temples and Hindu shrines.
Gujranwala Guru Nanak Khalsa College (GGNKCL) is a private college located in the Ludhiana, Punjab, with affiliation from Panjab University. Originally founded in 1917, it offers undergraduate and post-graduate degree courses in various fields.