Discussion
_______was the first private sector bank in India which was founded in 1899 in Kerala.
Answer: D
Correct answer: Nedungadi Bank
Nedungadi Bank, founded at Kozhikode in Kerala in 1899 by Rao Bahadur T M Appu Nedungadi, was the first private sector bank in India. It ran into difficulties a century later and was amalgamated with Punjab National Bank in 2003.
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