V. Krishnaswamy Iyer - The Arbuthnot Bank Crash

The Arbuthnot Bank Crash

Krishnaswami became known when he was the contending advocate in the Arbuthnot bank case. In 1906, this popular bank crashed and depositors lost huge sums. Krishnaswami played a role in ensuring that the principal partner was imprisoned. The event led to his assisting in setting up the Indian Bank.

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