Mirza Shahab-ud-Din Baig Muhammad Khan Khurram, also known as Shah Jahan I, was the fifth Muslim emperor of the Mughal Empire, reigning from January 1628 until July 1658. Under his emperorship, the Mughals reached the peak of their architectural achievements and cultural glory.
The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in four of its currency printing presses located in Nashik, Dewas, Mysore and Salboni. The RBI established the National Payments Corporation of India as one of its specialised division to regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialised division for the purpose of providing insurance of deposits and guaranteeing of credit facilities to all Indian banks.
Agra is a city on the banks of the Yamuna river in the Indian state of Uttar Pradesh, about 230 kilometres (140 mi) south-east of the national capital Delhi and 330 km west of the state capital Lucknow. With a population of roughly 1.6 million, Agra is the fourth-most populous city in Uttar Pradesh and twenty-third most populous city in India.
The term national bank generally refers to a bank that operates across and within a nation state or country, but its usage varies by country. In some cases it operates as the government's reserve bank, while in others the name is used for commercial banks.
In Australia and the United States, a state bank in a federated state is usually a financial institution that is chartered by the government of that state, as opposed to one regulated at the federal or national level.
Raghuram Govind Rajan is an Indian economist and the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago's Booth School of Business. Between 2003 and 2006 he was Chief Economist and director of research at the International Monetary Fund. From September 2013 through September 2016 he was the 23rd Governor of the Reserve Bank of India. In 2015, during his tenure at the RBI, he became the Vice-Chairman of the Bank for International Settlements.
A Subah was the term for a province (state) in the Mughal Empire. The term was also used by other polities of the Indian subcontinent. The word is derived from Arabic and Persian. The governor/ruler of a Subah was known as a subahdar, which later became subedar to refer to an officer in the Indian Army and Pakistan Army. The subahs were established by badshah (emperor) Akbar during his administrative reforms of years 1572–1580; initially they numbered to 12, but his conquests expanded the number of subahs to 15 by the end of his reign. Subahs were divided into Sarkars, or districts. Sarkars were further divided into Parganas or Mahals. His successors, most notably Aurangzeb, expanded the number of subahs further through their conquests. As the empire began to dissolve in the early 18th century, many subahs became effectively independent, or were conquered by the Marathas or the British.
The Bank of Calcutta was founded on 2 June 1806, mainly to fund General Wellesley's wars against Tipu Sultan and the Marathas. It was the tenth oldest bank in India and was renamed Bank of Bengal on 2 January 1809.
Sir Chintaman Dwarakanath Deshmukh, was an Indian civil servant and the first Indian to be appointed the Governor of the Reserve Bank of India in 1943 by the British Raj authorities. He subsequently served as the Finance Minister in the Union Cabinet (1950–1956). It was during this time that he also became a founding member of the Governing Body of NCAER, the National Council of Applied Economic Research in New Delhi, India's first independent economic policy institute established in 1956 at the behest of Prime Minister Jawaharlal Nehru. After resignation from Union Cabinet he worked as Chairman of UGC (1956–1961). He served as Vice-Chancellor of University of Delhi (1962–67). He was also President of Indian Statistical Institute from 1945 to 1964, Honorary Chairman of National Book Trust (1957–60). He founded India International Center in 1959 and served as Lifetime President of it. He was also chairman of Indian Institute of Public Administration.
The Nath Bank was an Indian-owned bank founded by Kshetra Nath Dalal in 1926 in Noakhali, now in Bangladesh but then in undivided India. By 1947, when the Partition of India was imminent, the bank had its head office and three branches in Noakhali district, and a branch in Comilla in Tipperah District. Noakhali and Tipperah districts became part of Pakistan, so the bank moved its head office to Kolkata. At that time, Indian banks were facing asevere crisis. In 1949, the Nath Bank had to be bailed out by the Reserve Bank of India. That failed to resolve the crisis and the bank was finally liquidated in 1950. The economist Arun Ghosh attributes its collapse to its over-aggressive expansion of branch banking. The failure of the bank created a panic among investors.
This list details events in the year 1838 in India. Major events include the Agra famine of 1837-38, and the founding of the Times of India on 3 November.
IDFC First Bank is an Indian private sector bank formed by the merger of the banking arm of Infrastructure Development Finance Company and Capital First, an Indian non-bank financial institution.
The Agra Bank was founded in 1833 in Agra in the Indian state of Uttar Pradesh with a capital of £1,000,000.
The Government Savings Bank (1833) was a bank founded in the year 1833 in British India. The bank was the fifteenth oldest bank in India.
The Bank of Upper India (1863) was a bank founded in the year 1863 in British India. The bank became defunct in the year 1913, when it was acquired by the Alliance Bank of Simla.
The Cawnpore Bank (1845) was a bank founded in the year 1845 in British India. The bank became defunct in the year 1852 with the winding down of its operations. The bank was notable for being the thirty first oldest bank in India.
The Benares Bank (1844) was a bank founded in the year 1844 in British India. The bank became defunct in the year 1850 with the winding down of its operations. The bank was notable for being the twenty eighth oldest bank in India.
The Simla Bank Limited (1844) was a bank founded in the year 1844 in British India. The bank became defunct in the year 1893 with the winding down of its operations. The bank was notable for being the twenty ninth oldest bank in India.
