In 1843, the bank merged with the Carnatic Bank (1788), the British Bank of Madras (1795) and the Asiatic Bank (1804) and became the Bank of Madras, which was one of the three Presidency banks of India, the other two being the Bank of Bengal and the Bank of Bombay.
در نزدیکی آن دانشگاه آنا قرار دارد که از به هم پیوستن این دانشگاه‌ها به وجود آمده‌است:College of Engineering، Guindy (۱۷۹۴)، Madras Institute of Technology (۱۹۴۹)، Alagappa College of Technology (۱۹۴۴) و School of Architecture and Planning (۱۹۵۷).