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First in Banks: Top 50 in Banking System

First in Banks: Top 50 in Banking System

First in Banks: Top 50 in Banking System

Today we are providing you the very important and Updated notes with Top 50 Bullet points in Banking System. Here we include all About First in Banks, This banking notes will help all aspirants those who are preparing for various competitive Exams i.e. SBI PO & Clerk, IBPS PO & Clerk, RBI, SSC CGL, Railway, IB, NTPC Exams. In most exams you may have seen 1-2 questions from this particular sections. 
  • First Governor of Reserve Bank of India: Mr. Osborne Smith
  • First Indian governor of Reserve Bank of India: Mr. C D Deshmukh
  • First Bank of India: Bank of Hindustan which was Established in 1770 & and liquidated in 1829–32.
  • Second Bank of India: The General Bank of India was Established on 1786 but failed in 1791.
  • First Bank to introduce Saving Bank Accounts in India: Presidency bank in 1830. The three Presidency banks were the Bank of Bengal, established on 2 June 1806, the Bank of Bombay (incorporated on 15 April 1840) and the Bank of Madras (incorporated on 1 July 1843)
  • First Bank which was managed by Indians: Oudh Commercial Bank
  • India’s First Bank with Indian Capital: Punjab National Bank
  • First Bank Founded by Lala Lajpat Rai: Punjab National Bank
  • First Foreign Bank in India: HSBC
  • First Bank to launch ATM Cards: HSBC in 1987 at Mumbai.
  • First Bank who introduced Cheque: Bank of Bengal
  • First Bank to get ISO Certified: Canara Bank
  • First Indian Banks outside the Country/ Nation: Bank of India Opened Branch in London in the year 1946.



  • First Indian Banks Open a branch in European Country: Bank of India.
  • First Bank to have joint stock Public Bank: Allahabad Bank
  • First Bank to introduced Universal Banking: ICICI
  • First bank who launched Internet Banking Facility: ICICI
  • First bank in India listed in New York Stock Exchange (NYSE): ICICI
  • First Bank to Introduced Saving Accounts: Presidency Bank which was Established on 1833.
  • First Bank to sell Mutual Funds in India: SBI (State Bank of India)
  • First bank to issue Credit Card Facility in India: Central Bank of India
  • First bank to launch EMI Facility on Debit Card: ICICI
  • First bank to introduced Debit Card in India: City Bank.
  • First bank to introduced Multi Currency International Debit Card: SBI
  • First Grameen Bank also Known as Regional Rural Banks: Prathama Bank which was Sponsored by Syndicated Bank
  • First Bank to introduce robotic System in banking Services: HDFC
  • First bank to introduce voice biometric system in India: Citi Bank 
  • First bank to get ‘in principle’ banking license: IDFC and Bandhan Bank 
  • First Bank to introduce merchant banking system in India: Grind lays bank 
  • First bank to introduce block chain technology system: ICICI 
  • 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 
  • First Full Fledged Women Banks in India: Bhartiya Mahila Bank
  • First Bank in India to launch its own Payment Aggregators: State Bank of India. (SBIePay)
  • First Bank in India to launch Talking ATMs for differentlyabled person: Union Bank of India
  • First Joint Stock Bank of India: Allahabad Bank
  • First Computerised Bank in India: Bank of India.
  • First Largest Commercial Bank in India: State Bank of India
  • First PSU Bank has an additional Number of Overseas Branches: Bank of Baroda (BOB).
  • First Bank to introduced the facility to pay the income tax by using its ATM: Union Bank
  • First PSU Banks to introduced its Capital to Public: Indian Overseas Bank
  • First Bank founded by Dr. Bhogaraju Pattabhi Sitaramiah:  Andhra Bank
  • First Financial Archive in India was setup in: Kolkata
  • First Bank Merged with PNB in 1883: New Bank of India.
  • First Bank which was managed by Board of India: Oudh Commercial Banks.
  • The Oldest Existing Public Sector Banks in India: Allahabad Bank.
  • First Nationalisation in Banking Sector: 19 July 1969.
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