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)

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