In this post we shall discuss about some important points aboutĀ NationalizedĀ Banks. Which are useful for all Bank Exams.

Important Milestone Banks/Person
First India bank Got ISO Canara Bank
First Governor of RBI Mr. Osborne Smith
First Indian governor of RBI Mr. C D Deshmukh
First Bank to Introduce ATM in India HSBC
First Bank to introduce saving Bank in India Presidency bank in 1830
First Bank to Introduce Cheque system in India Bengal Bank 1784
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
First Foreign Bank in India Comptoire d’Escompte de Paris of France in 1860
First Bank Set Up in India Bank of Hindustan in 1770
First Joint Stock Bank of British India State Bank of India
First Joint Stock Bank of India Allahabad Bank
First Bank that is oldest Public Bank in India Allahabad Bank
First national bank that is merged with Punjab National Bank New Bank of India in 1993
First Indian bank to open branch outside India in London in 1946 Bank of India
First Indian Bank started with Indian capital /indigenous Bank of India Punjab National Bank
First Regional Rural Bank name Prathama Grameen Bank Was started by Syndicate Bank
First Indian Bank to be wholly owned by Indians Central Bank of India
First bank to be given an ISO 9002 certificate for one of its branches Canara Bank
The bank founded by Freedom Fighter Dr. Bhogaraju Pattabhi Sitaramayya Andhra Bank
The Postal Dept has issued a commemorative stamp in the name of this bank celebrating 100 years in 2011 Central Bank of India
The bank formed on the efforts of Lala Lajpat Rai Punjab National Bank
The only merger of nationalised banks took place between Punjab National Bank and New Bank of India in 1993
The bank whose brand equity is “Pygmy Deposit Scheme” Syndicate Bank
The bank which was conceived by Shri GD Birla UCO Bank
The bank which was inaugurated by Mahatma Gandhi in 1919 Union Bank of India