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'File 9/26 India and Persian Gulf Bank Limited' [3r] (5/78)
The record is made up of 1 file (37 folios). It was created in 15 Jun 1945-8 Dec 1946. It was written in English and Arabic. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .
Transcription
This transcription is created automatically. It may contain errors.
*
Government of India
lixternal affairs Department.
2XPRaSa LETTER.
SECRET
BY aIR MIL.
Xt zJ' ?
From Foreign, New Delhi.
To Britain, Bushire.
No. D 9284 ME/45 dated the 27th July, 1945.
Your telegram Ho. 1088 June 15th. Indian and
Persian Gulf
The historical term used to describe the body of water between the Arabian Peninsula and Iran.
Bank.
2. It is regretted that, due to an error of procedure,
the consent of the Gov rn. .ent of India under Rule 94 A of
the Defence of India Rules to the issue of caoital for this
bank was granted without consulting you. It will be seen
from the enclosed copies of correspondence between the
Government of India, Finance Department, and the Reserve
Bank of India that application for capital for the
floatation of this bank was made at the end of last year,
and that the Reserve Bank of India's recommendation in
favour of issuing the capital, on the strength of which
the Government of India acted, was based on purely
financial criteria, in respect of which the proposals
appeared unobjectionable. Your comments would be appreciat
ed in this connection on the points made in paragraph 2 of
the Reserve Bank of India's demitofficial letter of 28th
June, 1945.
3. It should meanwhile be pointed out that consent
to the issue of this capital under Rule 94 a of the
Defence of India Rules does not in any way prejudice the
subsequent attitude of the Government of India to the
operations of the hank and in particular to the establish
ment of branches in Dubai, Kuwait, Muscat and elsewhere.
Should the bank wish to open branches at any of these
places its requests will be dealt with on their merits
and the fact that it has been allowed to issue capital
About this item
- Content
The file contains correspondence sent and received by the Political Agent A mid-ranking political representative (equivalent to a Consul) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Agency. at Bahrain concerning the proposed opening of a bank called Indian and Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. Bank Ltd with Iraqi capital, headquarters in Karachi and branches at Kuwait, Dubai and Muscat.
There is a letter in Arabic with English translation, and a copy of a letter forwarded by the Residency An office of the East India Company and, later, of the British Raj, established in the provinces and regions considered part of, or under the influence of, British India. Agent at Sharjah.
- Extent and format
- 1 file (37 folios)
- Arrangement
The papers in the file are arranged chronologically. There are file notes at the end, on folios 35-38. The notes are arranged chronologically and refer to documents within the file.
- Physical characteristics
Foliation: the main foliation sequence (used for referencing) commences at the front cover with 1 and terminates at the back cover with 39; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio. An additional mixed foliation/pagination sequence is also present in parallel between ff 2-38; these numbers are also written in pencil, but are not circled. They are located in the same position as the main sequence, except for some instances which are located on the verso The back of a sheet of paper or leaf, often abbreviated to 'v'. .
- Written in
- English and Arabic in Latin and Arabic script View the complete information for this record
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'File 9/26 India and Persian Gulf Bank Limited' [3r] (5/78), British Library: India Office Records and Private Papers, IOR/R/15/2/371, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100025656265.0x000006> [accessed 19 April 2024]
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Copyright: How to use this content
- Reference
- IOR/R/15/2/371
- Title
- 'File 9/26 India and Persian Gulf Bank Limited'
- Pages
- front, front-i, 2r:24v, 28r:38v, back-i, back
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence