Political warfare in British colonial India of India Act 1858. A new British government department, the India Council, was created to handle the governance of India, and its head, the Secretary of State for India, was entrusted with formulating Indian policy. The Governor-General of India gained a new title (Viceroy of India), and implemented the policies devised by the India council. As a result of their relatively small presence in the country the British resorted to many methods to retain control of India. Once it had established its factories (trading bases) in India the East India Company started to highlight the benefits of trade with them
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