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Which among the following is the oldest public sector bank in India?

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Which among the following is the oldest public sector bank in India?
1. Bank of India
2. Bank of Baroda
3. Allahabad Bank
4. UCO Bank
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Correct Answer - Option 3 : Allahabad Bank

The correct answer is Allahabad Bank.

  • Allahabad Bank (nationalized bank) is the oldest joint stock bank in India.
  • It was founded in Allahabad in 1865 and its headquarters in Kolkata, India.

Bank Headquarter Established year
Bank of India Mumbai 7 September 1906
Bank of Baroda Vadodara, Gujarat 20 July 1908
UCO Bank Kolkata 6 January 1943
Punjab National Bank New Delhi 12 April 1894
Union Bank of India Mumbai 11 November 1919
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