Multiple choice general knowledge history

Which was the first foreign bank to open a branch in India?

  1. Anyonya Co-operative Bank in 1860s

  2. American Express Bank Ltd

  3. Comptoire d'Escompte de Paris of France in 1860s

  4. HSBC LTD
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Comptoire d'Escompte de Paris (a French bank) opened a branch in Calcutta during the 1860s, making it the first foreign bank to establish operations in India. This was during British colonial rule when international banks began entering India. American Express and HSBC came much later (20th century). Anyonya Co-operative Bank is an Indian cooperative bank, not foreign.

Keep practicing — related questions