| The Bank of Upper India | |
| Type: | Private sector |
| Industry: | Banking, Insurance, Capital Markets and allied industries |
| Fate: | merged with the Alliance Bank of Simla |
| Successor: | Alliance Bank of Simla |
| Foundation: | as The Bank of Upper India[1] |
| Location City: | Meerut |
| Locations: | United Provinces |
| Area Served: | India |
| Products: | Deposits, Personal Banking Schemes, C & I Banking Schemes, Agri Banking Schemes, SME Banking Schemes |
| Services: | Banking, Trade Finance |
| Parent: | Alliance Bank of Simla |
| Location Country: | India |
The Bank of Upper India (1863) was a bank founded in the year 1863 in British India. The bank became defunct in the year 1913, when it was acquired by the Alliance Bank of Simla.[2]
The Bank of Upper India was founded in 1863.[3] [4] [5]
The bank was mentioned several times in British Parliamentary debates.[6] [7]
The bank was staffed by mostly British nationals who were drawn mainly from the East India Company.[8]
The bank was headquartered in Meerut city in the United Provinces.[9]
In 1911, the bank was on the verge of failure and it was decided to merge the bank with the Alliance Bank of Simla.[10]
In 1913, the bank was finally merged with the Alliance Bank of Simla.[11] [12]
The bank is notable for being one of the oldest banks in India.[13]
The bank is also notable for being one of the precursors of the State Bank of India, through its predecessor the Alliance Bank of Simla.[14]