Which of the following is the oldest currently working Joint Stock Bank in India ........

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Which of the following is the oldest currently working Joint Stock Bank in India?

Bank of India

PNB

Allahabad Bank

Bank of Hindustan

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Explanation:

•Joint Stock Companies Act, 1860 was taken for incorporation and regulation of Joint Stock companies. This act leads to the formation of India’s First joint Stock bank – Allahabad bank formed in 1865 . However, Oldest Joint Stock bank of India was Bank of Upper India that was established in 1863. But this bank failed in 1913.