Q946
Which was the first Indian bank started solely with Indian Capital?
A.
Punjab National Bank
AnswerB.
Andhra Bank
C.
Indian Overseas Bank
D.
Syndicate Bank
Answer: Option A
Solution
Answer: Option A
Solution:
Punjab National Bank was the first Indian bank started solely with Indian Capital. PNB has the distinction of being the first Indian bank to have been started solely with Indian capital that has survived to the present.