Rabindranath Tagore, Iswarchandra Vidyasagar, Dadabhai Naoroji and Motilal Nehru had one thing in common — they all held current accounts in Bank of Bengal. You can witness the economic evolution of Bengal if you traverse the 200-year-old history of State Bank of India.
Loan documents, old coins, and current account details of the who’s who of Bengal’s history as well as notes issued by the Bank of Bengal are now parts of the historical treasure in the SBI’s just inaugurated archive. The East India Company set up the Bank of Calcutta in 1806. It was renamed the Bank of Bengal.
“If you go through the archive, you will revisit the history of Bengal and Bengal’s economy,” SBI Chairman & MD O P Bhatt said here on Sunday after inaugurating the archive. The first Indian to open a current account in the Bank of Bengal was Prince Dwarakanath Tagore, Rabindranath Tagore’s grandfather.