Tricks to Learn "First" in Banking Industry


In this article we learn how we can remember first in banking easily by developing tricks

BANK NAME
COMMENT
ICICI
Largest private sector bank in India,
First bank to introduce internet banking,
First bank to provide India’s first mobile ATM,
First Indian bank to introduce voice password facility for users,
First Indian bank to introduce contact less credit and debit cards,
SBI
Oldest bank in India,
First bank to introduce mutual fund,
Largest commercial bank in India,
Largest public sector bank in India.

Key points:

  • Largest public sector bank is SBI 
  • Largest private sector bank is ICICI 
REMEMBER as SBI is public and ICICI is private.

TRICK: CREDIT AND DEBIT CARDS

  • First bank to introduce credit card in India-central bank of India 
  • First bank to introduce debit card in India-HSBC 
  • First Indian bank to introduce debit card-Corporation bank 

TRICK: OLDEST

  • Oldest bank in the World-Banca Monte dei Paschi di siena
  • Oldest Public sector bank in India- Allahabad

TRICK: ATM

  • First bank to introduce ATM in India- HSBC in 1987,Mumbai 
  • First bank to introduce ATM in the World-Barclays Bank in 27 June 
  • India’s first rural bank ATM card launched by-kashi Gomti samyut Gramin bank(UP) 
  • India’s first talking ATM launched by- Union Bank of India(Ahmadabad) 

MISCELLANEOUS:

  • First bank established in India-Bank of Hindustan in 1770 
  • First Indian bank started solely with Indian capital investment-PNB 
  • First Indian commercial bank owned and managed by Indians- CBI, 1911
Smart Prep Kit for Banking Exams by Ramandeep Singh - Download here

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