Banking in Pakistan Banking in Pakistan Banking in Pakistan first formally started in Pakistan during the period of British colonialism in the South Asia. After independence from British Raj in 1947, and the emergence of Pakistan as a country in the globe, the scope of banking in Pakistan has been increasing and expanding continuously. Pakistan's oldest bank is the State Bank of Pakistan, which is also the central bank of the nation. Before independence on August 14, 1947, the Reserve Bank of India was the central bank of what is now Pakistan. After independence, Muhammad Ali Jinnah took actions to establish a central
RBI Thiruvananthapuram (DBO). In 1960 the Agricultural Credit Department (ACD) started operating in another location of the city. In 1968 both of the Departments were shifted to the Belhaven Palace building in Kowdiar. This building was purchased from the royal family of the erstwhile State of Travancore. In 1981 the Sub-office of Issue Department started operating from the building of the Union Bank of India. In 1982 the office shifted to its current location at Bakery Junction, Thiruvananthapuram. The office of the Banking Ombudsman for the State of Kerala and UT of Lakshadweep is also situated at RBI Thiruvananthapuram. It has been