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Rajkissore Dutt
Rajkissore Dutt (alternate spelling: Raj Kishore Dutt) (fl. 19th century) was a 19th-century Indian businessman, who is most notable for perpetrating a major fraud against the Bank of Bengal, which is one of the predecessors of the State Bank of India. Biography Early life He was born and raised in Kolkata. He was known for being a devout Hindu and he regularly worshipped the Hindu goddess Kali. Career He established a bank in Kolkata, known as Indian Bank. The bank circulated its own banknotes and achieved significant success. Fraud against the Bank of Bengal In 1826, he colluded with his son-in-law Dwarkey Nath Mitter to forge Company's Paper or Government Securities. The documents were forged and passed off as genuine to the public. These documents enabled him to avail a loan of Rupees three and a half lakhs from the Bank of Bengal, a predecessor of the State Bank of India. Discovery and Trial However, his misdeeds were soon discovered and he was tried, conv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India
India, officially the Republic of India ( Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Bengal
The Bank of Calcutta (a precursor to the present State Bank of India) was founded on 2 June 1806, mainly to fund General Wellesley's wars against Tipu Sultan and the Marathas. It was the first bank of India and was renamed Bank of Bengal on 2 January 1809. History The bank opened branches at Rangoon (1861), Patna (1862), Mirzapur (1862), and Benares (1862). When it became known that the bank intended to open a branch at Dacca, negotiations began that resulted in Bank of Bengal in 1862 amalgamating Dacca Bank (est. 1846). A branch at Cawnpore followed. Among the bank's renowned customers were scholar and politician Dadabhai Naoroji, scientist Jagadish Chandra Bose, India's first President Rajendra Prasad, Nobel laureate Rabindranath Tagore, and educationalist Ishwar Chandra Vidyasagar. The bank was risk averse and would not lend for more than three months, leading to local businessmen, both British and Indian launching private banks, many of which failed. The most storied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Bank Of India
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 49th largest bank in the world by total assets and ranked 221st in the '' Fortune Global 500'' list of the world's biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the fifth largest employer in India with nearly 250,000 employees. On 14 September 2022, State Bank of India became the third lender (after HDFC Bank and ICICI Bank) and seventh Indian company to cross the 5-trillion market capitalisation on the Indian stock exchanges for the first time. The bank descends from the Bank of Calcutta, founded in 1806 via the Imperial Bank of India, making it the oldest commercial bank in the Indian subcontinent. The Bank of Madras merged i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Floruit
''Floruit'' (; abbreviated fl. or occasionally flor.; from Latin for "they flourished") denotes a date or period during which a person was known to have been alive or active. In English, the unabbreviated word may also be used as a noun indicating the time when someone flourished. Etymology and use la, flōruit is the third-person singular perfect active indicative of the Latin verb ', ' "to bloom, flower, or flourish", from the noun ', ', "flower". Broadly, the term is employed in reference to the peak of activity for a person or movement. More specifically, it often is used in genealogy and historical writing when a person's birth or death dates are unknown, but some other evidence exists that indicates when they were alive. For example, if there are wills attested by John Jones in 1204, and 1229, and a record of his marriage in 1197, a record concerning him might be written as "John Jones (fl. 1197–1229)". The term is often used in art history when dating the care ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kolkata
Kolkata (, or , ; also known as Calcutta , List of renamed places in India#West Bengal, the official name until 2001) is the Capital city, capital of the Indian States and union territories of India, state of West Bengal, on the eastern bank of the Hooghly River west of the border with Bangladesh. It is the primary business, commercial, and financial hub of East India, Eastern India and the main port of communication for North-East India. According to the 2011 Indian census, Kolkata is the List of cities in India by population, seventh-most populous city in India, with a population of 45 lakh (4.5 million) residents within the city limits, and a population of over 1.41 crore (14.1 million) residents in the Kolkata metropolitan area, Kolkata Metropolitan Area. It is the List of metropolitan areas in India, third-most populous metropolitan area in India. In 2021, the Kolkata metropolitan area crossed 1.5 crore (15 million) registered voters. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kali
Kali (; sa, काली, ), also referred to as Mahakali, Bhadrakali, and Kalika ( sa, कालिका), is a Hindu goddess who is considered to be the goddess of ultimate power, time, destruction and change in Shaktism. In this tradition, she is considered as a ferocious form of goddess Mahadevi, the supreme of all powers, or the ultimate reality. She is the first of the ten Mahavidyas in the Hindu tantric tradition. Kali's earliest appearance is when she emerged from Shiva. She is regarded as the ultimate manifestation of Shakti, and the mother of all living beings. The goddess is stated to destroy evil in order to protect the innocent. Over time, Kali has been worshipped by devotional movements and Tàntric sects variously as the Divine Mother, Mother of the Universe, Principal energy Adi Shakti. Shakta Hindu and Tantric sects additionally worship her as the ultimate reality or ''Brahman''. She is also seen as the divine protector and the one who bestows ''m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Bank
Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. It serves over 100 million customers with 39,734 employees, 5,721 branches with 5,428 ATMs and Cash deposit machines. Total business of the bank has touched as on 31 March 2022. The bank's Information systems and security processes are certified to meet ISO27001:2013 standard. It has overseas branches in Colombo and Singapore including Foreign Currency Banking Units at Colombo and Jaffna. It has 227 overseas correspondent banks in 75 countries. Since 1978, the Government of India has owned the bank. As per the announcement made by the Indian Finance Minister Nirmala Sitharaman on 30 August 2019, Allahabad Bank merged from 1 April 2020, making Indian Bank now the seventh largest bank in the country. History Early formation and expansion In the last quarter of 1906, Madras (now Chennai) was hit by the worst financial crisis the city was ever to suffer. Of the three best-known Britis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East India Company
The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with East Asia. The company seized control of large parts of the Indian subcontinent, colonised parts of Southeast Asia and Hong Kong. At its peak, the company was the largest corporation in the world. The EIC had its own armed forces in the form of the company's three Presidency armies, totalling about 260,000 soldiers, twice the size of the British army at the time. The operations of the company had a profound effect on the global balance of trade, almost single-handedly reversing the trend of eastward drain of Western bullion, seen since Roman times. Originally chartered as the "Governor and Company of Merchants of London Trading into the East-Indies", the company rose to account for half of the world's trad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Rupee
The Indian rupee (symbol: ₹; code: INR) is the official currency in the republic of India. The rupee is subdivided into 100 '' paise'' (singular: ''paisa''), though as of 2022, coins of denomination of 1 rupee are the lowest value in use whereas 2000 rupees is the highest. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. Etymology The immediate precursor of the rupee is the ''rūpiya''—the silver coin weighing 178 grains minted in northern India by first Sher Shah Suri during his brief rule between 1540 and 1545 and adopted and standardized later by the Mughal Empire. The weight remained unchanged well beyond the end of the Mughals until the 20th century. Though Pāṇini mentions (), it is unclear whether he was referring to coinage. ''Arthashastra'', written by Chanakya, prime minister to the first Mau ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry Prinsep
Henry Thoby Prinsep (15 July 1793 – 11 February 1878) was an English official of the Indian Civil Service, and historian of India. In later life he entered politics, and was a significant figure of the cultural circles of London. Early life Prinsep was born at Thoby Priory, Essex, the fourth son of Sophia Elizabeth Auriol (1760–1850) and politician John Prinsep. Prior to his birth, his father had been active as a soldier and businessman in India returning to England in 1788 and settling at the Priory. His brothers were James Prinsep and the barrister Charles Robert Prinsep. He was educated by a private tutor, and at the age of 13 joined Tonbridge School under Vicesimus Knox II, where he was placed in the sixth form. In 1807, having obtained a writership to Bengal, he entered the East India College, then at Hertford Castle. In India Leaving the college in December 1808, Prinsep arrived at Calcutta on 20 July 1809, aged 16. After passing two years there, first as a student i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nagarwala Case
The Nagarwala case or Nagarwala scandal refers to an Indian fraud case where Rustom Sohrab Nagarwala allegedly imitated Prime Minister of India Indira Gandhi and convinced Ved Prakash Malhotra to withdraw ₹60 lakhs from the branch of the State Bank of India where he was the head cashier. However, there has been some controversy over the actual events that transpired. Crime On 24 May 1971, Nagarwala called Malhotra at the State Bank of India, and did a vocal impression of Prime Minister Indira Gandhi. Nagarwala claimed that the Prime Minister immediately needed ₹60 lakhs. Some sources report that the money was needed for a "secret mission to Bangladesh", while others report more simply that the money was requested for a "man from Bangladesh". In his later confession, Nagarwala stated that he described it as a "matter of great national importance". Nagarwala further told Malhotra that he should contact the Prime Minister's office at a later date to get a receipt. Malhotra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
