In India, the first bank of limited liability managed by Indians and founded in 1881 was - Civilsdaily

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In India, the first bank of limited liability managed by Indians and founded in 1881 was:

(a)

Hindustan Commercial Bank

(b)

Oudh Commercial Bank

(c)

Punjab National Bank

(d)

Punjab and Sind Bank

Correct Answer

(b)

Explanation

The Oudh Commercial Bank was founded in 1881. Hence, (b) is correct.