In 1917, Tata established the Tata Industrial Bank but the latter ran into trouble and had to be amalgamated with Central Bank of India in 1923. Birlas, meanwhile, established United Commercial Bank (UCO) in 1943, which was nationalised in 1969.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2UJM67R
