Question

What innovative banking feature was first introduced by SBI in India?

• A. Mobile banking
• B. Online banking
• C. India's first floating ATM
• D. Cryptocurrency trading platform

Answer 1

Answer:

C. India's first floating ATM

State Bank of India (SBI)

• India's largest public sector commercial bank.

• Bank with largest number of branches in India.

• Bank with largest number of branches outside India.

• First Indian bank to open a branch in Israel.

• The bank established India's first floating ATM.

• Former name of State Bank of India- Imperial Bank