Some important facts about Indian Banks

1. Opening of the first bank in India - Bank of India (open in early 1770).


2. Cheque system issuing the first bank in India - Bengal Bank (Bengal Bank) by the year 1784 the Cheque system was released first.


3. Savings Account (Savings Bank a / c) opening the first bank in India - Presidency Bank (Presidency Bank) savings account opened for the first time in 1830.


4. The first foreign bank to open in India - Comptoire d'Escompte de Paris of France (opened in 1860).


5. Currently the oldest bank operating in India - Allahabad Bank (Allahabad Bank).


6. The first foreign bank to open a branch in India - Bank of India, in 1946, the first outside India opened its branch in London


7. The first bank to start Mutual Fund - SBI (State Bank of India).

 

8. The first bank to issue credit cards - Central Bank of India.


9. The first bank to introduce ATM services - HSBC.


10. The first bank to introduce Internet banking service - ICICI.

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