BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following banks is the first to provide Mobile ATM?
A
HSBC
B
ICICI BANK
C
SBI
D
Axis Bank
Explanation: 

Detailed explanation-1: -India’s largest private sector bank, ICICI launched the “ATM on Wheels” country first Mobile ATM, in Mumbai.

Detailed explanation-2: -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-3: -In the year 2008, ICICI Bank was the first bank in India to launch mobile banking. Almost every bank has since followed suit. The HDFC Bank is one of India’s largest private sector banks. Its mobile banking app allows customers to view account transactions, transfer funds quickly, and make credit card payments quickly.

Detailed explanation-4: -HSBC banks introduced the first ATM in India. Hongkonk and Sanghai Bank Corporation was the first bank to introduce ATM in India in the year of 1987. Was this answer helpful?

Detailed explanation-5: -That restriction was lifted fifty years ago today, on 27 June 1967, when the world’s first ATM (automated teller machine) was ceremoniously unveiled at a branch of Barclays Bank in Enfield, north London.

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