The first commercial Indian bank entirely owned and run by Indians was the Central Bank of India, which Sir Sorabji Pochkhanawala founded on December 21, 1911, with Sir Pherozeshah Mehta serving as chairman.
The first commercial Indian bank entirely owned and run by Indians was the Central Bank of India, which Sir Sorabji Pochkhanawala founded on December 21, 1911, with Sir Pherozeshah Mehta serving as chairman.