Question

First bank in India to introduce cheque system

• A. Bank of Hindustan
• B. Bengal Bank
• C. Allahabad Bank
• D. Reserve Bank of India

Answer 1

Answer:

B. Bengal Bank

• First Digital Bank - Digi Bank
• First computerised bank in India - Bank of India
• The first Bank to get ISO Certificate - Canara Bank
• First bank in India introduced cheque system - Bengal Bank
• First Bank introduced Net Banking (internet banking) in India - ICICI
• First Bank introduce Credit card in India - Central Bank of India
• First payment Bank - Airtel Payments Bank
• First small finance Bank - Capital Small Finance Bank
• First Bank introduce ATM in India - HSBC 1987
• First Mutual Fund in India - Unit Trust of India (UTI) -1963