History of the Cape Colony before 1806 History of the Cape Colony before 1806 The written history of the Cape Colony in what is now South Africa began when Portuguese navigator Bartolomeu Dias became the first modern European to round the Cape of Good Hope in 1488. In 1497, Vasco da Gama sailed along the whole coast of South Africa on his way to India, landed at St Helena Bay for 8 days, and made a detailed description of the area. The Portuguese, attracted by the riches of Asia, made no permanent settlement at the Cape Colony. However, the Dutch East India Company (VOC) settled the area
Commercial Bank of India of the Companies Act of England, where the company was registered under the Indian law and was not registered in England, but was carrying on business in England. Commercial Bank of India The Commercial Bank of India, also known as Exchange Bank was a bank which was established in Bombay Presidency (now Mumbai), in 1845 of the British Raj period. The bank failed in the crash of 1866, after successfully operating for 20 years. The bank had eight branches, exclusive of the head office at Bombay, viz: London, Calcutta, Hong Kong, Foochow, Shanghai, Hankow, Yokohama and Singapore, with an agency