BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following bank launches India’s first Mobile ATM?
A
HDFC Bank
B
Axis Bank
C
ICICI Bank
D
SBI
Explanation: 

Detailed explanation-1: -India’s largest private sector bank, ICICI launched the “ATM on Wheels” country first Mobile ATM, in Mumbai. It was connected to the bank through the GPRS technology.

Detailed explanation-2: -Background. The first ATM in India was set up in 1987 by HSBC in Mumbai. In the following ten years, about 1500 ATMs were set up in India.

Detailed explanation-3: -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-4: -“The first Talking bilingual accessible ATM that has been installed by the Union Bank of India at the BPA, Vastrapur, Ahmedabad is one such example of what true accessibility in an ATM really is.

There is 1 question to complete.