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'FILE NO: 14/14 name; BANK FOR MUSCAT (IMPERIAL BANK OF IRAN & THE PERSIAN GULF)' [5r] (9/434)
The record is made up of 1 file (215 folios). It was created in 15 Jun 1945-1 Nov 1948. It was written in English. 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.
v
v:
r) ; X’
BY AIR MAIL.
Government of India
External Affairs Department.
EXPK^Lo iAtJ- .
Foreign, New Delhi.
Britain, Bushire.
D &28 / - ME/45 flaled the 27th Jnly, 1945.
?.t ■ I
Your telegrar: ho. 1088 June 15th. Indian and
Persian Gulf
The historical term used to describe the body of water between the Arabian Peninsula and Iran.
Banlc.
2. It is regretted lhit, due to an error of procedure,
the consent of the Gov rn .out of India under Rule 94 A of
the Defence of India Rules to the iosue of capital for this
ban! was granted without cot suiting you. It will be seen
from the enclosed croies of correspondence between the
Government of India, Finance Department, and the Reserve
Bank of India that application fer capital fer the
floatation of this ban! was nude at the end of last year,
and that ulie Reserve Bank of India’s ec nmencation in
favour of issuing the capital, on the strength of which
i
the Government of India acted, was based on purely
financial criteria, in respeot ' f which the rrooosals
appeared unobjectionable. Ycur cc ents wuld be appreciat
ed in this connection on the points made in paragraph 2 of
the Reserve Bank of Inai-.’s doninofficial letter of 28th
/
J ime, 1945. itb */
- f
3. It should meanwhile jc pointed out that consent
to the issue of tins capital mder Rule 94 A c.f tie
Defence of India Rules does not in any way prejudice the
subsequent attitude of the GcveTvr ent of India to tl.e
operations of tiie bank 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
'V 0
About this item
- Content
The file comprises telegrams, despatches, correspondence, memoranda, and notes, concerning the establishment of banks in the Gulf including Dubai, Kuwait, and Muscat.
Issues discussed in the correspondence include:
- Concerns relating to the establishment of the 'India and Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. Bank Limited' with a view to undertaking banking services in Muscat and Dubai
- Approval of the application by the Imperial Bank of Iran to open branches in Muscat and Dubai
- Banking Agreement between Sultan and Imperial Bank of Iran, 10 July 1948.
Included in the file is a copy of the 'Banking agreement between the Shaikh of Dubai and the Imperial Bank of Iran dated 5th January 1956'
The file features the following principal correspondents: the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. in the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. (William Rupert Hay); 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. , Muscat (Ralph Ingham Hallows); the Secretary to the Government of India, External Affairs Department; the Sultan of Muscat and Oman [Sa‘īd bin Taymūr]; the Imperial Bank of Iran; and the Eastern Bank Limited.
- Extent and format
- 1 file (215 folios)
- Arrangement
The papers are arranged in approximate chronological order from the front to the rear of the file.
- Physical characteristics
Foliation: the main foliation sequence (used for referencing) commences at the front cover with 1, and terminates at the inside back cover with 217; 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 foliation sequence is present in parallel between ff 1-217; these numbers are also written in pencil, but are not circled. A previous foliation sequence, which is also circled, has been superseded and therefore crossed out.
- Written in
- English in Latin script View the complete information for this record
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'FILE NO: 14/14 name; BANK FOR MUSCAT (IMPERIAL BANK OF IRAN & THE PERSIAN GULF)' [5r] (9/434), British Library: India Office Records and Private Papers, IOR/R/15/6/444, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100066431637.0x00000a> [accessed 18 April 2024]
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Copyright: How to use this content
- Reference
- IOR/R/15/6/444
- Title
- 'FILE NO: 14/14 name; BANK FOR MUSCAT (IMPERIAL BANK OF IRAN & THE PERSIAN GULF)'
- Pages
- front, front-i, 2r:6v, 11r:27v, 32r:35v, 37r:59v, 61r:63v, 66r:98v, 100r:116v, 131r:131v, 133r:140v, 142r:153v, 157r:162v, 165r:168v, 172r:178v, 180r:184v, 186r:188v, 193r:197v, 199r:199v, 202r:205v, 207r:216v, back-i, back
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence