The Union Bank was a bank founded in the year 1828 in British India by Prince Dwarkanath Tagore.
[1] In the 19th century India, Prince Dwarkanath Tagore owned his own trading firm Carr, Tagore and Company.
As a result, the Union Bank was founded in 1828.
All of the previous Indian banks had European directors and founders.
[5] Dwarkanath was assisted by his Parsi friend Rustomjee Cowasjee, a notable businessman.