Which among the following is the first commercial bank of limited liamibil managed by Indians ?

The Oudh Commercial Bank, established in 1881 at Faizabad, was the first commercial bank in India with limited liability to be managed by an Indian Board [t1][t3][t7]. While earlier banks like the Allahabad Bank (1865) were joint-stock banks, they were primarily managed by Europeans [t4][t6]. Oudh Commercial Bank operated as a local bank without branches until it failed in 1958 [t2][t4]. It is distinguished from the Punjab National Bank (PNB), which was established later in 1894 in Lahore; PNB is recognized as the first bank purely managed by Indians that has survived to the present day [t5][t10]. Other major institutions like the Imperial Bank of India were formed much later, in 1921, through the merger of the three Presidency Banks [c1][c3]. Therefore, Oudh Commercial Bank remains the historical milestone for Indian management in limited liability banking.