BANKING

VINEETH

Kerala PSC Expert

● The first bank in India - Bank of Hindustan
● Bank of Hindustan was established in 1770 at Calcutta.

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● The first banking nationalization in India was done by
Indira Gandhi.
● First nationalization was on 1969 July 19
● 14 banks were nationalization.
● Total asset of a bank which was nationalized in 1969
exceeds 50 crore rupees.

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● The second phase of bank nationalization were held on
1980 april 15.
● 6 banks were nationalized in second phase.
● The second bank nationalization was done by Indira
Gandhi.
● Total asset of a bank which was nationalized in 1980
exceeds 200 crore rupees.

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 FIRST IN BANKING

● First bank in India - Bank Of Hindustan

● First bank in India with full capital of Indians - Punjab
National Bank
● First bank which get ISO Certification - Canara Bank
● First bank in India which starts Savings bank accounts -
Presidency bank

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● First bank starts cheque system - Bengal Bank
● First bank which open an overseas branch - Bank Of
India
● First bank starts ATM - HSBC Bank (Mumbai)
● First bank which introduce talking ATM - Union Bank Of
India
● First bank introduce Credit card - Central Bank Of India
● India’s oldest bank which still in existence - Allahabad
Bank

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● First bank in India which come with mutual fund - SBI
● First bank introduces Aadhar based ATM - DCB Bank
● India’s first payment bank - Airtel
● First small finance bank - Capital Small Finance Bank
● First bank launches internet banking - ICICI Bank
● First Universal bank of India - ICICI Bank

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 RESERVE BANK OF INDIA

● The ‘Bankers Bank’.

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● The Apex Bank of India
● The Central Bank of India
● Reserve Bank of India act was passed in 1934
● Reserve Bank of India was established in 1935
● First headquarters of RBI -Calcutta
● Headquarters of RBI was permanently shifted to Mumbai
in 1937
● RBI was setup by the recommendation of Hilton Young
Commission (1926)

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● Hilton Young commission was also known as Royal
Commission
● The regulator of Loans - RBI
● Mint Street is related to which bank - RBI
● The banking Ombudsman scheme was formulated by
RBI
● The credit controller of India - RBI
● The bank which represents India in IMF - RBI

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● The regulator of Banks - RBI
● The regulator of Non Banking Financial Companies
(NBFC) - RBI
● The regulator of housing sector -RBI
● RBI Nationalized on 1949 January 1st
● Headquarters of RBI in Kerala - Trivandrum
● Tree embossed in the emblem of RBI - Palm Tree
● First governor of RBI - Osborne Smith

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● First Indian RBI governor - C D Deshmugh
● Second governor of RBI -James Taylor
● The RBI governor with long term service - Benegal Rama
Rao
● First women RBI deputy governor - K J Udeshi

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● The Indian PM served as the governor of RBI - Dr.
Manmohan Singh
● Duration of RBI governor -3 years
● RBI consist of 1 governor and 4 deputy governors

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● Present RBI governor - Shaktikanta Das
● Shaktikanta Das is the 25th governor
● Present Deputy governors are ,
N S Viswanathan
B P Kanugo
M K Jain
M D Patra

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THANK YOU