November 25, 2020

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Tatas, Aditya Birla look to reopen banking account

In 1917, Tata established the Tata Industrial Bank but the latter ran into trouble and had to be amalgamated with Central Bank of India in 1923. Birlas, meanwhile, established United Commercial Bank (UCO) in 1943, which was nationalised in 1969....

In 1917, Tata established the Tata Industrial Bank but the latter ran into trouble and had to be amalgamated with Central Bank of India in 1923. Birlas, meanwhile, established United Commercial Bank (UCO) in 1943, which was nationalised in 1969.

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