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The oldest public bank in India is ________

  • A.Bank of India
  • B.State Bank of India
  • C.Bank of Hindustan
  • D.Allahabad Bank

Answer: B

State Bank of India , Bank of Calcutta was founded on 2 June 1806. Bank of Calcutta, and the two other Presidency banks such as the Bank of Bombay and the Bank of Madras had merged and became Imperial Bank of India n 1921.The Imperial Bank of India is renamed as State Bank of India in 1955.

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