STUDY ABOUT THE BANKS IN INDIA

• 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
• Which cards are known as plastic money – Credit Cards.
• Open market operations are carried out by – RBI
• Capital market regulator is – SEBI
• Largest Commercial bank in India – State Bank of India
• The International Bank for Reconstruction and Development (IBRD) is known as – World Bank
• India’s First Financial Archive has been set up at – Kolkata
• CRR, SLR, Repo Rate, Reverse Repo rate are decide by RBI
• Savings banks interest rates, fixed deposit interest rates, Loan Rates etc. are decided by individual banks
• The bank which has launched Mobile Bank Accounts in association with Vodafone’s m –paisa – HDFC Bank
• Minimum money transfer limit through RTGS: 2 Lakhs
• Maximum money transfer limit through RTGS: No Limit
• Minimum & Maximum money transfer limit through NEFT: No Limit
• NABARD was established in – July, 1982
• Largest Public sector bank in India – SBI
• Largest Private sector bank in India – ICICI Bank
• Largest Foreign bank in India – Standard Chartered Bank
• First Indian bank to open branch outside India i.e. London in 1946: Bank of India
• First RRB named Prathama Grameen Bank was started by: Syndicate Bank