Question

The First foreign Bank in India

• A. HSBC Bank
• B. Citibank
• C. Standard Chartered Bank
• D. Deutsche Bank

Answer 1

Answer:

C. Standard Chartered Bank

• First bank to introduce merchant bank in India - Grind lays Bank
• First Indian bank to introduce merchant bank in India - SBI
• First foreign Bank in India-Standard Chartered Bank
• First RRB in India - Pradama Grameen Bank (sponsored by syndicate Bank)
• Firs Bank introduce Mobile ATM - ICICI
• First floating ATM - SBI