ɪn nˈaɪntiːnhˈʌndɹɪd twˈɛnti sˈɛvən tʃˈɑːɹɾɚd bˈæŋk ʌv ˈɪndiə, ɔːstɹˈeɪliə ænd tʃˈaɪnə nˈaʊ stˈændɚd tʃˈɑːɹɾɚd bˈæŋk ɐkwˈaɪɚd sˈɛvənti fˈaɪv pɚsˈɛnt ʌv pˈiː ænd ˈoʊ bˈæŋk ænd lˈeɪɾɚɹ ɐkwˈaɪɚd ðə ɹᵻmˈeɪnɪŋ ʃˈɛɹz, pˈiː ænd ˈoʊ bˈæŋk nˈɛvɚ hˌævɪŋ ɪstˈæblɪʃt ɐ vˈaɪəbəl bˈæŋkɪŋ bˈɪznəs.
In 1927 Chartered Bank of India, Australia and China (now Standard Chartered Bank) acquired 75% of P&O Bank and later acquired the remaining shares, P&O Bank never having established a viable banking business.