Wednesday 27 December 2017

First in banking

First bank in India- Bank of Hindustan (1770) 


First Bank managed by Indians- Oudh Commercial Bank 


First Bank with Indian capital- Punjab National Bank (Founder of the Bank is Lala Lajpat Rai) 


First Foreign Bank in India – HSBC 


First bank to get ISO certificate – Canara Bank 


First Indian bank outside India –Bank of India 


First Bank to introduce ATM – HSBC (1987, Mumbai) 


First Bank to have joint stock public bank (Oldest) – Allahabad Bank 


First Universal bank – ICICI (Industrial Credit and Investment Corporation of India) 


First bank to introduce saving account– Presidency Bank (1833) 


First Bank to introduce Cheque system– Bengal Bank (1833) 


First bank to give internet banking facility – ICICI 


First bank to sell mutual funds – State Bank of India 


First bank to issue credit cards - Central Bank of India 


First Rural Regional Bank (Grameen Bank) – Prathama Bank (sponsored by Syndicate Bank) 


First bank to get ‘in principle’ banking license – IDFC and Bandhan Bank 


First Bank to introduce merchant banking in India – Grind lays bank 


First bank to introduce block chain technology – ICICI 


First bank to introduce voice biometric– Citi Bank 


First bank to introduce robot in banking service- HDFC 


 


Miscellaneous points:


Largest public sector bank in India – State Bank of India 


Largest private sector bank in India – ICICI 


Largest foreign bank in India – Standard Chartered Bank 


Bank with more branches in India – State Bank of India


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