GK
BANKING AWARENESS AND SEBI
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is the first bank to introduce Internet banking?
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ICICI Bank
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Canara Bank
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State Bank of India
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Punjab National Bank
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Explanation:
Detailed explanation-1: -Mumbai: ICICI Bank celebrates crossing the milestone of 20 years of digital banking journey in the country which was started with the launch of internet banking two decades ago. The Bank was the first to launch internet banking in 1998.
Detailed explanation-2: -1998-ICICI Bank, which introduced Internet banking in India, is set to launch various technology-based new services in the near future.
Detailed explanation-3: -India. In 1998, ICICI Bank introduced internet banking to its customers.
Detailed explanation-4: -Alfred Zipf, 82, Bank of America executive considered the father of electronic banking.
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