GIPE-PUNE-OIIOI2 - DSpace@GIPE

.148 THE BANK CAPITALISM OF YOUNG BENGAL
Name arid Year
1. l~lpaiguri Banking (1928)
2. Rangpur Loan Office (1929)
3. Jessore Loan Co. (1929)
4. Comilla Union Bank (1929)
.5. Bhawanipur Banking (1929)
Capital
Rs.
50,000
47,000
100,000
40,475
125,000
Reserve
Rs.
451,000
278,801
442,624
90,000·
265,551
Percentage
of Reserve
to Capital
902
591.5
442
'225
fl. Jessore Union Bank (1929) 100,000 166,202 166
7. North Bengal BanI,: (1928) 20,000 31,954 160
In 1928 and 1929 these seven loan offices observed
. t~e proportion of 160 to 902 p.c. as the reserve in ,relation
to paid~up capital. The proportion, however, becomes
lower when the averages of· a large number of these
Bengali cottage banks are considered. Thus, it is possible
to assert for ·1929 that 381 loan offices, possessed
altogether Rs. 8,071,570 as paid~up capital and that their
. combined reserves -came up to Rs. 5,114,573. 36 The pro~
portion was thus 63·3 p.c. which is more or less the same
as that of the Banque de l'Union Parisienne, Lloyds
Bank, Barclays Bank, etc. but higher than that of the
Deutsche Bank, Commerz~und Privatbank, , Berliner
Handelsgesellschaft, Central Bank of India, Credito
Jtalianq, Societe Generale, ,Banque Nationale de Credit
ilnd others.
The C. B. I. by Great Power and the Balkan Standards
The Central Bank of India's figures Will acquire a
fresh significance in the light of some Japanese big institutions.
The paid~up capital and reserve of the Mitsui
36, Reporto! tlte . Bengal rrooi'lcial Ban/ting Enquiry C