INDIAN ECONOMICS 15
#1

National Housing Bank (NHB)
*National Housing Bank was established in 1988, a wholly owned subsidiary of RBI.
* NHB is the apex banking institution providing finance for houses.

New Info
*India’s first Payments Bank Services was launched in Rajasthan by
Ans :  Airtel

Nedungadi Bank
*The First bank in Kerala
Ans : Nedungadi Bank (1899)
*Founder of Nedungadi Bank
Ans : Appu Nedungadi
*Nedungadi bank merged in Punjab National Bank in the year
Ans :  2003

Basic Info
*The first bank to get I.S.O, Certificate 
Ans : Canara Bank
*The first Bank to introduce mutual fund
Ans : SBI
*The first Bank to introduce Credit Card 
Ans : Central Bank of India 
*The first bank to get A.T.M.
Ans : H.S.B.C.(in 1987, Mumbai)
*The first bank in india to introduce Internet Banking 
Ans :  I.C.I.C.I
*The first bank introduced cheque facility in India
Ans : Bengal Bank
*The first bank introduced saving bank facility 
Ans : Presidency Bank
*The first Indian bank to open a branch outside India
Ans : Bank of India (in 1946, London)
*The first bank purely managed by Indian 
Ans : Punjab National Bank (1895)
*The first Indian commercial Bank to be wholly owned and managed by Indians
Ans : Central Bank of India (1911)
*The first Indian fully liability and managed bank
Ans : Punjab National Bank 
*The first commercial bank in India having limited liability 
Ans : Oudh Commercial Bank

H.D.F.C.
*H.D.F.C. Bank established in
Ans : 1994 
*The headquarters of H.D.F.C. Bank
Ans : Mumbai
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