Banking

1. The first bank in Italy, Bank of Venice was established on

    1157

2. The first modern Bank, Bank of England was established on

    1694

3. The fist modern bank in India, The Hindustan Bank was establishedon

    1770

4. The first Presidency Bank in India was established in

    1806

5. The Punjab National bank was established in

    1894

6. The Punjab National bank was nationalized in

    1969

7. The Reserve Bank of India was established under the Reserve Bank of India Act on

    1-1-1935
8. Reserve Bank of India taken over by the government of India on 
    1948