Banking System of India
Banking System of India
1. Bank of Hindustan (1770): The first bank to be established in India.
2. Presidency Banks: Bank of Bengal (1806), Bank of Bombay (1840) and the Bank of Madras (1843) – these were called Presidency Banks.
3. Oudh Commercial Bank: It was founded in 1881. It was the first bank with limited liability managed by an Indian board.
4. Punjab National Bank: The first purely Indian bank founded in (1894). 0 0 0
Banking System of India
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