Sorabji Pochkhanawala

Sir Sorabji Nusserwanji Pochkhanawala (9 August 1881 – 4 July 1937)[1][publisher missing] was an Indian Parsi banker and one of the founders of the Central Bank of India.

His father died when Sorabji was six, leaving the family in poverty as most of their savings had been lost in a bank failure.

The eldest son, Hirjibhoy, a clerk in the Chartered Bank of India, Australia and China, assumed responsibility for the family and raised Sorabji, his brother Edulji and their sister.

[2] After matriculating from Bombay University in 1897 at the age of 16, Pochkhanawala entered St. Stephen's College to begin his BA studies, but left after failing his first examinations.

The prominent Parsi barrister Sir Pherozeshah Mehta was then invited to become chairman of the venture, and accepted.

On 11 December 1911, the Central Bank of India commenced business with a capital of 50 lakhs rupees, divided into 50-rupee shares.