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Which bank was the first to launch a mutual fund in India?

AICICI

BSBI

CAxis Bank

DIndian Bank

Answer:

B. SBI

Read Explanation:

Related facts

  • The first bank in India to launch a mutual fund - S. B. I

  • India's first ISO certified bank- Canara Bank

  • First bank in India to introduce savings account system - Presidency Bank (1830)

  • First bank to introduce check system in India- Bengal Bank (1784)

  • Central Bank of India was the first bank in India to introduce credit card system

  • The first bank to launch a website in Malayalam - S. B. T


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