Some Facts about Banks in India
First India bank Got ISO : Canara Bank
First Governor of RBI : Mr. Osborne Smith
First Indian governor of RBI : Mr. C D Deshmukh
First Bank to Introduce ATM in India : HSBC
First Bank to introduce saving Bank in India : Presidency bank in 1833
First Bank to Introduce Cheque system in India : Bengal Bank 1784
First Bank to introduce Internet Banking : ICICI BANK
First Bank to introduce Mutual Fund : State Bank of India
First Bank to introduce Credit Card in India : Central Bank of India
First Foreign Bank in India : Comptoire d’Escompte de Paris of France in 1860
First Bank Set Up in India : Bank of Hindustan in 1770
First Joint Stock Bank of British India : State Bank of India
First Joint Stock Bank of India : Allahabad Bank
First Bank that is oldest Public Bank in India : Allahabad Bank
First national bank that is merged with Punjab National Bank : New Bank of India in 1993
First Indian bank to open branch outside India in London in 1946 : Bank of India
First Indian Bank started with Indian capital /indigenous Bank of India : Punjab National Bank
First Regional Rural Bank name Prathama Grameen Bank Was started by : Syndicate Bank
BANKS IN INDIA
1. Central Bank – Reserve Bank of India
2. Public Sector Bank – (Nationalised Bank) Total 26 = 14 were nationalized in 1969 + 6 were
Nationalized in 1980 (out of these one bank new Bank of India was merged with PNB in 1983), + 1 IDBI + SBI + 5 Subsidiary/Associates banks of State Bank of India.
3. Private Banks = RBI in 1993 gave licences to 12 Private bank in 2 phases 10 private bank in 1993 and 2 private bank in 2003-2004
4. Foreign Banks = 34 Foreign Banks are there in India.
Cooperative Banks = Bank those are registered under Co-operative Societies Act 1965, Co-operative Banks are also works as Commercial Bank, these are made by self Help Group, or by the Communities or by Groups.
Developmental/Specialised Banks: Like IFCI, IDBI, EXIM, NABARAD, SCICI Ltd.
Also See –
Type of Bank Accounts – Test your G.K. >> Click here
Standard Chartered Bank was the first Foreign Bank in INDIA started its operation in 1858
Very useful information.. Thank you so much!