EconomyHistoryThe first entirely Indian bank was the Oudh Commercial Bank. It was established in 1881 in Faizabad (Saket) and functioned until 1958. Vertical Tabs NotesThe second bank to be similarly structured was the Punjab National Bank which is still extant. Further readingWikipedia (History of Banking in India) TaxonomyConnotations: PositiveIndian connection: StrongTags: bankingbritish indiaawadhUttar Pradeshsaket