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Questions from General Awareness are asked in almost all the banking, insurance & government exams. Static GK is one of the important components of General Awareness and is very important from the perspective of scoring marks. The answers of questions from Static GK topics almost never change and this is what makes them easy to memorize. We have published a number of PDFs on different Static GK Topics in the past. In this series of Static GK topics, today we are publishing the List of Firsts in Indian Banking System. Questions from this topic have often appeared in different competitive exams. This PDF is important for your preparation especially if you are preparing for SBI Clerk Mains, RBI Assistant Mains, SEBI Grade A, SSC CHSL Tier I etc.

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Memorize this list and revise it on a regular basis. We also suggest you to put this list at such place so that you can have a look at it on a regular basis thereby revising it. Let’s have a look at some model questions on the List of First In Indian Banking System.

Model Questions on List of Firsts in Indian Banking System

  1. Which is the First Universal Bank in India?

    ICICI Bank

  2. Name the First Bank to sell Mutual Funds.

    State Bank of India

  3. Which Bank was the First Issuer of Masala Bonds?

    HDFC Bank

  4. Who was the First Governor of Reserve Bank?

    Osborne Smith

  5. Which was the First Rural Regional Bank in India?

    Prathama Bank

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📥 PDF- List of Firsts in Indian Banking System

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List of Firsts in Indian Banking System:

First Bank in IndiaBank of Hindustan
First Bank Managed by IndiansOudh Commercial Bank
First Bank with Indian CapitalPunjab National Bank
First Truly Swadeshi bankCentral Bank of India
First Foreign Bank in IndiaHSBC
First Bank to get the ISO CertificateCanara Bank
First Indian Bank to open a Foreign BranchBank of India
First Bank to Introduce ATMHSBC (1987, Mumbai)
Oldest Joint Stock BankAllahabad Bank
First Universal BankICICI Bank
First Bank to introduce Saving AccountsPresidency Bank (1833)
First Bank to introduce the Cheque SystemBengal Bank (1784)
First Bank to give the Internet Banking FacilityICICI Bank
First Bank to Sell Mutual FundsState Bank of India
First Bank to Issue Credit CardsCentral Bank of India
First Rural Regional BankPrathama Bank
First Bank to get ‘In Principle’ Banking LicenseIDFC and Bandhan Bank
First Bank to Introduce the Merchant Banking in IndiaGrindlays Bank
First Bank to Introduce the Block Chain TechnologyICICI Bank
First Bank to Introduce Voice BiometricCiti Bank
First Bank to Introduce Robot in Banking ServiceHDFC
First Payment BankAirtel Payment Bank
First small finance bankCapital Small Finance Bank Limited
First issuer of Masala BondsHDFC
First Multi-currency international Debit Cards are issued in IndiaSBI
first bank to provide mobile ATMICICI Bank
First governor of the Reserve Bank.Osborne Smith
First Indian to be the governor of Reserve Bank.CD Deshmukh
First Digital BankDigibank

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📥 PDF- List of Firsts in Indian Banking System

We hope that the above PDF of List of Firsts in India will be definitely be helpful in your preparation. If you have any feedback/input for us, please let us know in the comments section below.

Wishing you good luck with your preparation!


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