Which was the first Indian bank to open an international branch and where?
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RBI, Nepal
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RBI, Dubai
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Bank of India, London
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SBI, Singapore
C
Correct answer
Explanation
Bank of India was the first Indian bank to open an international branch, establishing its London office in 1946, just before India's independence. This pioneering move marked the beginning of Indian banks' global expansion. RBI is India's central bank and doesn't have commercial branches, while SBI's international expansion came later.