Indian Economy
In India, the first bank of limited liability managed by Indians and founded in 1881 was

Punjab National Bank
Hindustan Commercial Bank
Oudh Commercial Bank
Punjab and Sind Bank

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Indian Economy
Fiscal deficit in the Union Budget means

net increase in Union Governments borrowings from the Reserve Bank of India
the sum of monetized deficit and budgetary deficit
the sum of budgetary deficit and net increase in internal and external borrowings
the difference between current expenditure and current revenue

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