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banks in india

o   First bank in India- Bank of Hindustan (1770) 

o   First 

o   First Bank managed by Indians- Oudh Commercial Bank 

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

o   First Bank which is purely managed by Indians - Punjab National Bank

o   First Foreign Bank in India – Grindlays Bank

o   First bank to get ISO certificate – Canara Bank 

o   First Indian bank outside India –Bank of India 

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

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

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

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

o   First Bank to Introduce Cheque system – Bengal Bank (1833) 

o   First Bank in India that was established and managed by an Indian Board - Central Bank of India

o   First Ever Truly Swadeshi Bank of the country - Central Bank of India

o   First bank to give internet banking facility – ICICI 

o   First bank to sell mutual funds – State Bank of India 

o   First bank to issue credit cards - Central Bank of India 

o   First Digital Bank - Digibank

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

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

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

o   First bank to introduce blockchain technology – ICICI 

o   First bank to introduce voice biometric – Citi Bank 

o   First bank to introduce robot in banking service- HDFC 

o   First Indian Bank to open an overseas branch - Bank of India

Miscellaneous points:

o   Largest public sector bank in India – State Bank of India 

o   Largest private sector bank in India – HDFC Bank

o   Largest foreign bank in India – Standard Chartered Bank 

o   Bank with more branches in India – State Bank of India 

 


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