Which is the first bank started with Indian capital( Indian owned bank )?

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2026-08-14 09:50

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The first Indian-owned bank was the Oudh Commercial Bank, established in 1881 in Faizabad, Uttar Pradesh. It was founded by Indian entrepreneurs and marked a significant step in the development of the banking sector in India, as it was among the first banks to be established with Indian capital. This initiative laid the groundwork for the growth of many more Indian-owned banks in the subsequent years.

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