BANKING AFFAIRS

Detailed explanation-1: -ICICI Bank was the first bank to introduce internet banking facility in the country in order to enable individuals and corporates to transact online without visiting the branch. It was also the first bank to start mobile banking in the country.

Detailed explanation-2: -ICICI Net Banking provides the fastest and most convenient way to access the bank’s services.

Detailed explanation-3: -The first bank of India was the “Bank of Hindustan”, established in 1770 and located in the then Indian capital, Calcutta.

Detailed explanation-4: -Oudh Commercial Bank or Awadh Commercial Bank was an Indian bank established in 1881 in Faizabad and operated until 1958 when it failed. It was the first commercial bank in India having limited liability and an entirely Indian board of directors.

Detailed explanation-5: -Kotak Bank is also the best Digital Bank in India in terms of Banking Technology. You can create a free Digital Bank Account with an International Transaction enabled Visa Virtual Debit from Home within 5 minutes and do not have to maintain any minimum balance.