Poverty in India Bihar, Jharkhand and West Bengal, were dedicated to producing poppy and opium, which were then exported to southeast and east Asia particularly China, with the trade an exclusive monopoly first of East India Company, and later the colonial British institutions. The economic importance of this shift from industry to agriculture in India was large; by 1850, it created nearly 1,000 square kilometres of poppy farms in India in its fertile Ganges plains, led to two opium wars in Asia, with the second opium war fought between 1856 and 1860. After China accepted opium trade, the colonial government dedicated more land
Chartered Bank of India, Australia and China network of branches in Aden, Bahrain, Lebanon, Qatar and the UAE. Chartered also bought the Ionian Bank's Cyprus Branches. In 1969, Chartered Bank merged with the South African bank Standard Bank, forming Standard Chartered Bank. The same year, the Government of India nationalised Allahabad Bank. Chartered Bank of India, Australia and China The Chartered Bank of India, Australia and China (informally The Chartered Bank) was a bank incorporated in London in 1853 by Scotsman James Wilson, under a Royal Charter from Queen Victoria. Though lacking a truly strong domestic network in Britain, it was influential in the development of British