Bank Headquarters And First Bank In India To Allow Video KYC And First Bank To Introduce Voice Biometric

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How many nationalized banks are there in India at present First bank in India to allow video KYC and First bank to introduce voice biometric Largest public sector bank in India First Bank managed by Indians First Foreign Bank in India First Indian bank outside India

First bank in India and First bank in India to allow video KYC and First bank to introduce voice biometric

What is the old form of banks in India?

Generally speaking, modern banking in India was started in the British Raj itself. When the British East India Company opened a total of 3 banks. Bank of Bengal, Bank of Mumbai and Bank of Madras. But later these three banks were merged together and named Imperial Bank.

How many nationalized banks are there in India at present?

From 2017 to 2021, the number of public sector banks has come down from 27 to 12. Presently there are 12 nationalized banks in India.

First bank in India

Bank of Hindustan (1770) 

First Bank managed by Indians 

Oudh Commercial Bank 

First Bank with Indian capital 

Punjab National Bank (Founder – Lala Lajpat Rai)

First Foreign Bank in India

HSBC 

First bank to get ISO certificate

Canara Bank 

First Indian bank outside India

Bank of India 

First Bank to introduce ATM

HSBC (1987, Mumbai) 

First Bank to have joint stock public bank (Oldest)

Allahabad Bank

First Universal bank

ICICI Bank

First bank to introduce saving account

Presidency Bank (1833) 

First Bank to introduce Cheque system

Bengal Bank (1833) 

First bank to give internet banking facility

ICICI Bank

First bank to sell mutual funds

State Bank of India

First bank to issue credit cards

Central Bank of India 

First Rural Regional Rural Bank (Grameen Bank)

Prathama Bank (sponsored by Syndicate Bank) 

First bank to get “in principle” banking license

IDFC and Bandhan Bank 

Largest private sector bank in India

ICICI Bank

Largest foreign bank in India

Standard Chartered Bank 

Bank with more branches in India

State Bank of India

First Bank to introduce merchant banking in India

Grind lays bank 

First bank to introduce block chain technology

ICICI Bank

First bank to introduce voice biometric

Citi Bank 

First bank to introduce robot in banking service

HDFC Bank

First bank in India to allow video KYC

Kotak Mahindra Bank

first bank to introduce Iris Scan Authentication feature for Aadhaar based transactions through its micro ATM tablets

Axis Bank

Largest public sector bank in India

State Bank of India

Names of Nationalized Banks of India – Headquarters

Punjab National Bank (merged with Oriental Bank of Commerce and United Bank of India) – New Delhi

State Bank Of India – Mumbai

Bank of Baroda – Gujarat

Indian Overseas Bank – Chennai

Bank of India – Mumbai

Central Bank of India – Mumbai

Indian Bank (merged with Allahabad Bank) – Chennai

Canara Bank (merged with Syndicate Bank) – Bangalore

Union Bank of India (merged with Andhra Bank and Corporation Bank) – Mumbai

UCO Bank – Kolkata

Bank of Maharashtra – Pune

Punjab & Sind Bank – New Delhi

How many nationalized banks are there in India at present What is the old form of banks in India

What are the names of nationalized banks of India?

Punjab National Bank, Indian Bank, State Bank of India, Canara Bank, Union Bank of India, Indian Overseas Bank, UCO Bank, Bank of Maharashtra, Punjab and Sind Bank, Bank of India, Central Bank of India and Bank of Baroda.

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