✔️🔮✔️Sir Osborne Smith was the first Governor of the Reserve Bank of India, CD Deshmukh was the first Indian Governor of RBI.
✔️🔮✔️Reserve Bank of India (RBI) was established in 1935 and Nationalized in 1949.
✔️🔮✔️The first bank of limited liability managed by Indians was Oudh Commercial Bank founded in 1881.
✔️🔮✔️Bank of Hindustan in 1770 is the first bank set up in India
✔️🔮✔️The first presidency of SBI was established in Kolkata in 1806 during the British Raj and was named as Bank of Bengal.
✔️🔮✔️In 1921, these three SBI branches were made to merge to form ‘Imperial Bank of India’.
✔️🔮✔️The largest bank – Imperial Bank of India – was nationalised in 1955 and rechristened as State Bank of India (SBI), followed by formation of its 7 Associate Banks in 1959.
✔️🔮✔️The Government of India issued an ordinance on 19 July 1969 acquiring ownership and control of 14 major banks in the country. Six more commercial banks were nationalised from 15 April 1980.
✔️🔮✔️Bank of India is the first Indian Bank to open overseas branch. It established a branch in London in 1946.
✔️🔮✔️Allahabad Bank is the oldest existing public sector bank in India.
✔️🔮✔️State Bank of India is the first joint stock Bank of British India
✔️🔮✔️Central Bank of India is first Bank to introduce Credit Card in India
✔️🔮✔️Allahabad Bank is the First Joint Stock Bank of India
✔️🔮✔️Comptoire d’Escompte de Paris of France in 1860 is the first Foreign Bank in India
✔️🔮✔️Savings account system in India was started by Presidency Bank, in 1833.
✔️🔮✔️ICICI Bank was the first Bank to provide Mobile ATM.
✔️🔮✔️Cheque system was first introduced by Bengal Bank which was established in 1784.
✔️🔮✔️ICICI Bank was the first Indian Bank to provide internet banking facility.
✔️🔮✔️Hong Kong and Shanghai Banking Corporation (HSBC) introduced first time ATM in India in 1987, Mumbai.
✔️🔮✔️NPCI launched the first Gramin bank ATM card with the Kashi Gomti Samyut Gramin Bank in association with Union Bank of India in Varanasi. The card is called RuPay Gramin Card.
✔️🔮✔️India’s first non-bank owned ATM opens in Maharashtra, Private sector lender Federal Bank announced its tie-up with Tata Communications Payment Solutions Ltd as the sponsor bank to deploy White Label ATMs
✔️🔮✔️Punjab National Bank is the first Indian bank started with Indian capital /indigenous Bank of India
✔️🔮✔️John Mathai was first chairman of State Bank of India
✔️🔮✔️Arundhati Bhattacharya is the first women chairperson of State Bank of India.
✔️🔮✔️India’s first “talking” Automated Teller Machine (ATM) launched by Union Bank of India (UBI) for visually impaired was launched in Ahmedabad (Gujarat).
✔️🔮✔️Syndicate Bank started the first Regional Rural Bank name Prathama Grameen Bank
✔️🔮✔️Reserve Bank of India (RBI) was established in 1935 and Nationalized in 1949.
✔️🔮✔️The first bank of limited liability managed by Indians was Oudh Commercial Bank founded in 1881.
✔️🔮✔️Bank of Hindustan in 1770 is the first bank set up in India
✔️🔮✔️The first presidency of SBI was established in Kolkata in 1806 during the British Raj and was named as Bank of Bengal.
✔️🔮✔️In 1921, these three SBI branches were made to merge to form ‘Imperial Bank of India’.
✔️🔮✔️The largest bank – Imperial Bank of India – was nationalised in 1955 and rechristened as State Bank of India (SBI), followed by formation of its 7 Associate Banks in 1959.
✔️🔮✔️The Government of India issued an ordinance on 19 July 1969 acquiring ownership and control of 14 major banks in the country. Six more commercial banks were nationalised from 15 April 1980.
✔️🔮✔️Bank of India is the first Indian Bank to open overseas branch. It established a branch in London in 1946.
✔️🔮✔️Allahabad Bank is the oldest existing public sector bank in India.
✔️🔮✔️State Bank of India is the first joint stock Bank of British India
✔️🔮✔️Central Bank of India is first Bank to introduce Credit Card in India
✔️🔮✔️Allahabad Bank is the First Joint Stock Bank of India
✔️🔮✔️Comptoire d’Escompte de Paris of France in 1860 is the first Foreign Bank in India
✔️🔮✔️Savings account system in India was started by Presidency Bank, in 1833.
✔️🔮✔️ICICI Bank was the first Bank to provide Mobile ATM.
✔️🔮✔️Cheque system was first introduced by Bengal Bank which was established in 1784.
✔️🔮✔️ICICI Bank was the first Indian Bank to provide internet banking facility.
✔️🔮✔️Hong Kong and Shanghai Banking Corporation (HSBC) introduced first time ATM in India in 1987, Mumbai.
✔️🔮✔️NPCI launched the first Gramin bank ATM card with the Kashi Gomti Samyut Gramin Bank in association with Union Bank of India in Varanasi. The card is called RuPay Gramin Card.
✔️🔮✔️India’s first non-bank owned ATM opens in Maharashtra, Private sector lender Federal Bank announced its tie-up with Tata Communications Payment Solutions Ltd as the sponsor bank to deploy White Label ATMs
✔️🔮✔️Punjab National Bank is the first Indian bank started with Indian capital /indigenous Bank of India
✔️🔮✔️John Mathai was first chairman of State Bank of India
✔️🔮✔️Arundhati Bhattacharya is the first women chairperson of State Bank of India.
✔️🔮✔️India’s first “talking” Automated Teller Machine (ATM) launched by Union Bank of India (UBI) for visually impaired was launched in Ahmedabad (Gujarat).
✔️🔮✔️Syndicate Bank started the first Regional Rural Bank name Prathama Grameen Bank