First Bank in India: The Bank of Hindustan, founded in 1770 in Calcutta (now Kolkata), holds the distinction of being the first bank in India. Established by Alexander & Company, a British agency ...

The Indian government is chalking out a plan to merge Mumbai-headquartered PSU lenders Union Bank of India and Bank of India as part of its latest banking reforms, Mint reported citing people familiar ...

BENGALURU/MUMBAI, Nov 6 (Reuters) - State Bank of India (SBI.NS), opens new tab, the country's largest lender by assets, and Europe's biggest fund manager Amundi will jointly sell a 10% stake in SBI ...