• Reserve Bank of India (RBI) was established in 1935 and Nationalized in 1949.
• Sir Osborne Smith was the first Governor of the Reserve Bank of India.
• CD Deshmukh was the first Indian Governor of RBI.
• Savings account system in India was started by Presidency Bank, in 1833.
• Cheque system was first introduced by Bengal Bank which was established in 1784.
• Allahabad Bank is the oldest existing public sector bank in India.
• Hongkong and Shanghai Banking Corporation (HSBC) introduced first time ATM in India in 1987, Mumbai.
• Bank of India is the first Indian Bank to open overseas branch. It established a branch in London in 1946.
• Central Bank of India was the first public bank to introduce credit card.
• Central Bank of India is the first commercial bank which was managed by Indians.
• ICICI Bank was the first Indian Bank to provide internet banking facility.
• ICICI Bank was the first Bank to provide Mobile ATM.
• Bank of Baroda has the maximum number of overseas branches.
• SBI (State Bank of India) has the total number of maximum branches and holds 2nd position in the world.
• India's first "talking" Automated Teller Machine (ATM) launched by Union Bank of India (UBI) for visually impaired was launched in Ahmedabad (Gujarat).
• The National Payments Corporation of India (NPCI) launches India’s first rural bank ATM card with a regional rural bank in Varanasi.
Note: NPCI launched the first Gramin bank ATM card with the Kashi Gomti Samyut Gramin Bank in association with Union Bank of India in Varanasi. The card is called RuPay Gramin Card.
• India's first non-bank owned ATM opens in Maharashtra: Tata Communications Payments Solutions Ltd, a wholly owned subsidiary of Tata Communications Ltd, which unveiled the ATM at Chandrapada in Thane district, plans to roll out 15,000 such ATMs by 2016.
Note: Private sector lender Federal Bank announced its tie-up with Tata Communications Payment Solutions Ltd as the sponsor bank to deploy White Label ATMs (WLAs).
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