1.

The first bank of limited liability managed by Indians was ________.1). Bank of Rohilkhand2). Bank of Madras3). Alliance Bank of Simla4). Oudh Commercial Bank

Answer»
  • Oudh Commercial Bank was established in 1881 in FAIZABAD which was the first commercial bank of limited liability. This bank was entirely MANAGED by Indian BOARD of Directors.
  • It failed in 1958. It had no branches and was a small bank which only served local needs.


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