- The first bank in India to be given an ISO Certification – Canara
Bank - The
first bank in Northern India to get ISO 9002 certification for their selected
branches – Punjab and Sind Bank - The
first Indian bank to have been started solely with Indian capital – Punjab
National Bank - India’s
oldest, largest and most successful commercial bank, Offering the widest
possible range of domestic, international and NRI products and services,
through its vast network in India and Overseas – State Bank of India - India’s
second largest private sector bank and is now the largest scheduled commercial
bank in India – The Federal Bank Limited - The
first Indian bank to open a branch outside India in London in 1946 and the
first to open a branch in continental Europe at Paris in 1974 – Bank of India,
founded in 1906 in Mumbai - The
oldest Public Sector Bank in India having branches all over India and serving
the customers for the last 132 years – Allahabad Bank - The
first Indian commercial bank which was wholly owned and managed by Indians
-Central Bank of India - Bank
of India was founded in 1906 in Mumbai. It became the first Indian bank to open
a branch outside India in London in 1946 and the first to open a branch in
continental Europe at Paris in 1974. - Private
Sector Bank that recently launched a product of personal loan called ‘Swift’ –
HDFC - The
largest public sector bank – SBI - India’s
largest private sector bank – ICICI Bank - The
largest foreign bank working in India – Standard Chartered Bank - Asian
Development Bank was established in – December 1966 - The
first Swadeshi Bank in India is – PNB - The
Structure of RBI is – 1 Governor and 4 Deputy Governors - Head
Office of World Bank is in – Washington D.C. - Who
has launched the world’s first Islamic finance benchmark rate – Thomson Reuters - Saving
Banks Interest rates, Fixed Deposit interest rates, Loan rates etc are decided
by individual banks. - CRR,
SLR, Rep, Reverse Repo. MSF are decided by RBI. - India’s
First Financial Archive has been set up at — Kolkata - The
International Bank for Reconstruction and Development (IBRD) is better known as
– World Bank - The
Reserve Bank of India was established under the act- RBI Act 1934 - The
largest commercial bank in India- State Bank of India - The
Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form
– Imperial Bank of India - The
first Indian Bank to introduce credit card – Central Bank of India - Devaluation
of a currency mean – Decrease in the external value of money - Cards
known as plastic money – Credit cards - Open
Market Operations” are carried out by – RBI - Capital
Market Regulator is – SEBI