Facts about Banks in India – Enhance your General Knowledge =================================================== Some Facts about Banks in India --------------------------------------- First India bank Got ISO : Canara Bank First Governor of RBI : Mr. Osborne Smith First Indian governor of RBI : Mr. C D Deshmukh First Bank to Introduce ATM in India : HSBC First Bank to introduce saving Bank in India : Presidency bank in 1833 First Bank to Introduce Cheque system in India : Bengal Bank 1784 First Bank to introduce Internet Banking : ICICI BANK First Bank to introduce Mutual Fund : State Bank of India First Bank to introduce Credit Card in India : Central Bank of India First Foreign Bank in India : Comptoire d’Escompte de Paris of France in 1860 First Bank Set Up in India : Bank of Hindustan in 1770 First Joint Stock Bank of British India : State Bank of India First Joint Stock Bank of India : Allahabad Bank First Bank that is oldest Public Bank in India : Allahabad Bank First national bank that is merged with Punjab National Bank : New Bank of India in 1993 First Indian bank to open branch outside India in London in 1946 : Bank of India First Indian Bank started with Indian capital /indigenous Bank of India : Punjab National Bank First Regional Rural Bank name Prathama Grameen Bank Was started by : Syndicate Bank BANKS IN INDIA ============= Central Bank --------------- 1. Central Bank – Reserve Bank of India Commercial Bank -------------------- 2. Public Sector Bank – (Nationalised Bank) Total 26 = 14 were nationalized in 1969 + 6 were Nationalized in 1980 (out of these one bank new Bank of India was merged with PNB in 1983), + 1 IDBI + SBI + 5 Subsidiary/Associates banks of State Bank of India. 3. Private Banks = RBI in 1993 gave licences to 12 Private bank in 2 phases 10 private bank in 1993 and 2 private bank in 2003-2004 4. Foreign Banks = 34 Foreign Banks are there in India. Cooperative Bank: ---------------------- Cooperative Banks = Bank those are registered under Co-operative Societies Act 1965, Co-operative Banks are also works as Commercial Bank, these are made by self Help Group, or by the Communities or by Groups. Specialised Bank Developmental/Specialised Banks: Like IFCI, IDBI, EXIM, NABARAD, SCICI Ltd.
Posted on: Sat, 12 Jul 2014 11:16:55 +0000
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