6 Questions
When was Vishwa Bank established?
January 28, 1963
Who inaugurated Vishwa Bank in 1963?
Sri B.C. Roy
What was the original name of Vishwa Bank?
EICCI Bank
Which service does Vishwa Bank NOT offer?
Travel insurance
In which year did the Eastern India Chamber of Commerce & Industry Limited (EICCI) decide to establish Vishwa Bank?
1962
What distinguished Vishwa Bank around the year 1919?
Providing a platform for economic discussions and debates
Study Notes
Vishwa Bank
Vishwa Bank is a commercial banking institution based in India. It offers various financial services including personal loans, home loans, business loans, credit cards, and insurance products. As of October 2022, it has over 853 branches across the country.
History
Vishwa Bank has its roots in the Eastern India Chamber of Commerce & Industry Limited (EICCI), which was established on August 7, 1919. It started with just three members - Mr. R.N. Mukherjee, Mr. Bikram Dutta, and Mr. K.C. Roy Choudhury. Over four decades later, EICCI had grown into one of the most influential chambers of commerce in the eastern region, serving the industrial sector by providing a platform for discussions and debates among economic experts on issues related to trade, industry, and commerce.
In 1962, EICCI decided to establish a new banking entity under the name 'Vishwa Bank'. The bank was established on January 28, 1963, and was inaugurated by the then Governor of Calcutta, Sri B.C. Roy, on March 27, 1963.
Products and Services
Vishwa Bank offers a wide range of products and services:
Personal Loans
Vishwa Bank offers personal loans for various purposes such as marriage, education, medical treatment, home renovation, and car purchase.
Home Loans
The bank provides home loans to help customers buy their dream homes.
Business Loans
Vishwa Bank offers business loans to entrepreneurs who want to start or expand their businesses.
Credit Cards
The bank offers credit cards that can be used for various purposes including shopping, dining, fueling, and travel.
Insurance Products
Vishwa Bank also offers insurance products to help customers secure their future.
Branch Locations
As of October 2022, Vishwa Bank has over 853 branches across India. The bank has a significant presence in West Bengal, with several branches located there.
Conclusion
Vishwa Bank is a leading banking institution in India, offering a range of financial products and services. Its history dates back to the early 20th century when it originated from the Eastern India Chamber of Commerce & Industry Limited. Today, it serves customers through more than 853 branches across the country.
Test your knowledge about the history, products, and services of Vishwa Bank, a prominent commercial banking institution in India with over 853 branches nationwide. Learn about its origins from the Eastern India Chamber of Commerce & Industry Limited, as well as its offerings such as personal loans, home loans, business loans, credit cards, and insurance products.
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