Which among the following was the first bank purely managed by Indians?

April 25, 2015 April 25, 2015

Which among the following was the first bank purely managed by Indians?
[A]Oudh Commercial Bank
[B]Punjab National Bank
[C]Bank of India
[D]Allahabad

Punjab National Bank
The first Bank with Limited Liability to be managed by Indian Board was Oudh Commercial Bank. It was established in 1881 at Faizabad. This bank failed in 1958. The first bank purely managed by Indians was Punjab National Bank, established in Lahore in 1895. Reference

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1 Comment

  1. jatin

    May 14, 2015 at 11:56 am

    Why not oudh commercial bank marked as the answer?

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