First in Banks in Indian Banking History
List of all First in Banks in Indian Banking History. Welcome to the www.letsstudytogether.co online learning section. First in Banks in Indian Banking History is the important topic for upcoming banking exams. So today we are providing you a “List of all First in Banks in Indian Banking History”.
The First in Banks in Indian Banking History is also important for NABARD Grade A & B, SBI PO/Clerk, IBPS Po/Clerk 2018 and other banking and Insurance Exams in 2018.
First in Banks: Banking History
| S. No. | First in Banks | Banks & Others |
| 1. | The First Bank in India | Bank of Hindustan (1770- Calcutta ) |
| 2. | First Governor of RBI | Mr. Osborne Smith |
| 3. | First Indian governor of RBI | Mr. C D Deshmukh |
| 4. | First Bank to Introduce ATM in India | HSBC |
| 5. | First Bank to introduce saving Bank in India | Presidency bank in 1830 |
| 6. | First Bank to Introduce Cheque system in India | Bengal Bank 1784 |
| 7. | First Bank to introduce Internet Banking | ICICI BANK |
| 8. | First Bank to introduce Mutual Fund | State Bank of India |
| 9. | First Bank to introduce Credit Card in India | Central Bank of India |
| 10. | First Foreign Bank in India | Compote d’Escompte de Paris of France in 1860 |
| 11. | First Joint Stock Bank of India | Allahabad Bank |
| 12. | First Indian bank to open branch outside India in London in 1946 | Bank of India |
| 13. | First Indian Bank started with Indian capital indigenous Bank. | Punjab National Bank |
| 14. | First Regional Rural Bank | Prathama Grameen Bank ( Sponsoring Bank- Syndicate Bank) |
| 15. | First Universal Bank in India | ICICI Bank |
| 16. | First bank in India listed in New York Stock Exchange (NYSE) | ICICI Bank |
| 17. | First Bank in India to launch Talking ATMs for differently able person. | Union Bank of India |
| 18. | First Bank in India to launch its own Payment Aggregators | State Bank of India. (SBIePay) |
| 19. | Country’s first all-woman bank | Bhartiya Mahila Bank |
| 20. | First Indian private sector bank to open a branch in the African continent | ICICI Bank |
| 21. | First private sector bank to open dedicated branch for Startups | RBL |
| 22. | First Aadhaar-based ATM launched by | DCB Bank |
| 23. | First bank to sell Indian gold coins | IOB ( Indian Overseas Bank ) |
| 24. | First India bank Got ISO | Canara Bank |
| 25. | First Bank to introduce Internet Banking | ICICI BANK |
| 26. | First Payment Bank | Airtel m commerce, Rajasthan |
| 27. | First small finance bank | Capital Small Finance Bank Limited, Punjab |
| 28. | First ‘contactless’ credit cards for small and mid-sized enterprises | ICICI |
| 29. | First certified green bond at London Stock Exchange | Axis Bank |
| 30. | India’s first small and medium enterprises (SME) Bank | HDFC |
| 31. | First issurer of Masala Bonds | HDFC |
| 32. | First domestic bank to open branch in Yangon | State Bank of India |
| 33. | India’s First Transaction On Blockchain executed by | ICICI Bank |
| 34. | First firm to get debt recast under RBI’s S4A Scheme | HCC |
| First in Banking History – Others | ||
| 35. | First bank to introduce saving account | Presidency Bank (1833) |
| 36. | First Bank to introduce Cheque system | Bengal Bank (1833) |
| 37. | First bank to get ‘in principle’ banking license | IDFC and Bandhan Bank |
| 38. | First Bank to introduce merchant banking in India | Grind lays bank |
| 39. | First bank to introduce voice biometric | Citi Bank |
| 40. | First bank to introduce robot in banking service | HDFC |
| 41. | Largest public sector bank in India | State Bank of India |
| 42. | Largest private sector bank in India | ICICI |
| 43. | Largest foreign bank in India | Standard Chartered Bank |
| 44. | Bank with more branches in India | State Bank of India |
Important Facts Indian Banking History
- The first Bank of India with Limited Liability to be managed by Indian Board was Oudh Commercial Bank. It was established in 1881 at Faizabad.
- Punjab National Bank is the first bank purely managed by Indians, which was established in Lahore in 1895.
- First Truly Swadeshi bank – Central Bank of India is called India’s First Truly Swadeshi bank, which was established in 1911 and wholly owned and managed by Indians.
- Union Bank of India was inaugurated by Mahatma Gandhi in 1919.
- Savings account system in India was started by Presidency Bank, 1833.
- The first Indian bank to open overseas branch is Bank of India. It established a branch in London in 1946.
- Allahabad Bank, established in 1865 – Allahabad Bank is the oldest Public Sector Bank in India having branches all over India and serving the customers for the last 145 years.
- Imperial Bank of India was later renamed in 1955 as the State Bank of India.
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SBI PO/Clerk 2018 | Railway RRB ALP & Group D | NABARD Grade A Study Material
| S. No. | Exams | Direct Links |
| 1. | SBI Clerk 2018 | Click Here |
| 2. | SBI PO 2018 | Click Here |
| 3. | Railway RRB ALP & Group D 2018 | Click Here |
| 4. | NABARD Grade A Study Material 2018 | Click Here |
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