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.