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

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UP Police constable Previous paper 1 (Held on: 27 Jan 2019 Shift 1)
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  1. Bank of India
  2. Bank of Baroda
  3. Allahabad Bank
  4. UCO Bank

Answer (Detailed Solution Below)

Option 3 : Allahabad Bank
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Detailed Solution

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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.

Key Points

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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