BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which was the first Indian bank to provide Internet Banking Facility in India?
A
HDFC
B
ICICI
C
SBI
D
Axis
Explanation: 

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: -1 Introduction ICICI was the first bank to champion its usage and introduced internet banking to its customers in 1996.

Detailed explanation-3: -ICICI Net Banking provides the fastest and most convenient way to access the bank’s services.

Detailed explanation-4: -The first bank of India was the “Bank of Hindustan”, established in 1770 and located in the then Indian capital, Calcutta.

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