New of India

Hii Guys , I want to Know when was New Bank of India Established in India and latest Sgare prices Details , can you please Provide ,me Details of Same ?

[Shaleen]

New Bank of India was Established in 1936, in Lahore.

It Moved its Head Office to Amritsar in 1947

Then to New Delhi in 1956

It Acquired Didwana Industrial Bank in 1965,

Chawla Bank in 1969,

Sahukara Bank in 1971

Earlier New Bank of India had acquired Punjab & Kashmir Bank.

Didwana Industrial Bank had been Established in 1925 in Didwana.

Chawla Bank, which had been established in 1913 had its registered office in Bannu,
North Western Frontier Province, and a branch office at Dehra Dun in the United Provinces. Ninety-five percent of its depositors and creditors migrated to India after Partition.

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