General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 52)
52.
In India, the first bank of limited liability manages by Indians and founded in 1881 was
Discussion:
4 comments Page 1 of 1.
Tazmeen khan said:
1 decade ago
The first entirely Indian joint stock bank was the Oudh Commercial Bank, established in 1881 in Faizabad. It failed in 1958. The next was the Punjab National Bank, established in Lahore in 1895, which has survived to the present and is now one of the largest banks in India.
MRINAL said:
1 decade ago
First bank in India is Hindustan bank in 1770 at culcatta by Alexzander company and first completly Indian bank is Punjab national bank 1894. (source. - civil services Chronical).
Chitra said:
1 decade ago
The first bank was Hindustan bank, followed by punjab national bank which is right now a big banking company.
DebashisD said:
3 years ago
The First Indian management-based bank- Oudh Commercial bank.
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