And rather interestingly, the bank was inaugurated with opening of three branches, including a foreign branch in the erstwhile Rangoon (now Myanmar), on the inaugural day itself.
The bank had also recorded rapid growth in the early days of its formation and within 10 years of its inception, by the time of our independence in 1947, it had 45 branches – including seven branches abroad. Perhaps, those were the early signs of globalisation of the Indian banking industry through the cross-border branch presence of an Indian bank.