100 Rupees

Bank of Madras, India,100 Rupees, 194-, serial number 14370, this banknote, dated 184-, was issued by the Bank of Madras and presents a significant period of Indian financial and political history. The Bank of Madras was one of the three Presidency banks established during the British colonial period to best facilitate the trade and commerce needs of the British East Indian Company in different regions of India. Although these banks were later amalgamated to form the Imperial Bank of India (which later became the State Bank of India), the Presidency banks played a vital role in supporting national economic development during this period. This note features the equestrian state of Sir Thomas Munroe, a Major-General and British colonial administrator in addition to being governor of Madras Presidency(Pick S144),in PCGS holder 20 Very Fine details, repaired, design redrawn, stamp cancelled