Alliance Bank of Simla

Alliance Bank of Simla was a bank in British India whose name associated it with Simla, now Shimla in Himachal Pradesh, India. The available reliable information is insufficient to reconstruct its founding circumstances, branch network, scale, management, or detailed activities. The bank later ceased operating and is generally discussed in the context of banking failures and financial instability in British India during the 1920s. Because accessible primary and institutional records are limited, its capital structure, customer base, and precise closure process remain unclear.

Alliance Bank of Simla was a banking institution in British India, with its name referring to Simla, now Shimla. Reliable public information about its early organization, founders, ownership, and precise business scope is limited, so a full institutional history cannot be established with confidence. The bank formed part of the banking system that developed in colonial India alongside commercial, administrative, and trading activity in major cities and hill stations. During the banking failures that affected British India in the 1920s, Alliance Bank of Simla ceased operating. Apart from information placing its establishment in the 1870s, the evidence currently available is insufficient to verify its branch network, deposit and lending scale, final management, or the exact legal process by which it closed.

• 1923

  Ceased operations

  The bank ceased operations in the 1920s; publicly available sources contain limited information on the specific reasons for its closure and the legal procedures involved.

• 1874

  Bank founded

  According to available sources, the Alliance Bank of Simla was established during the period of British India; the specific circumstances of its founding and its organizational form remain insufficiently documented and verifiable.

A local banking institution of the British India period

• Banking services

  As a bank in British India, Alliance Bank of Simla may have provided traditional services such as deposits, remittances, or commercial credit, but reliable product records are insufficient to confirm its exact offering.