Nizam's bank

Nizam's Bank, officially known as the Hyderabad Bank, was established in 1883 in Hyderabad, India. It was named after the Nizams of Hyderabad, the rulers of the princely state. The bank played a significant role in the region's economy, providing banking services to facilitate trade and commerce. It was one of the first banks in India to adopt modern banking practices. In the early 1990s, it faced financial challenges and eventually merged with another bank. The legacy of Nizam's Bank reflects the historical importance of banking in supporting economic development in the region.