First Indian bank to open branch on foreign soil?
Q. Which of the following was the first Indian bank to open a branch on foreign soil?- Published on 16 Feb 17
a. Bank of Baroda
b. Bank of India
c. Punjab National Bank
d. Bank of Allahabad
ANSWER: Bank of India
Bank of India is the first Indian bank to open branch outside India at London in 1946.
Bank of India (BoI) is a commercial bank with headquarters in Mumbai, Maharashtra, India.
BoI – Bank of India
Founded : 7 September 1906; 110 years ago
Headquarter : Mumbai, India
Current Head : Melwyn Rego (MD & CEO)