Must read Bank related
*Banking Awareness* 🎽First bank to introduce internet banking: ICICI bank 🎽First bank to introduce mutual fund: State Bank of India 🎽First bank to introduce credit card in India: Central Bank of India 🎽Which cards are known as plastic money – Credit Cards. 🎽Open market operations are carried out by – RBI 🎽Capital market regulator is – SEBI 🎽Largest Commercial bank in India – State Bank of India 🎽The International Bank for Reconstruction and Development (IBRD) is known as – World Bank 🎽India’s First Financial Archive has been set up at – Kolkata 🎽CRR, SLR, Repo Rate, Reverse Repo rate are decide by RBI 🎽Savings banks interest rates, fixed deposit interest rates, Loan Rates etc. are decided by individual banks 🎽The bank which has launched Mobile Bank Accounts in association with Vodafone’s m –paisa – HDFC Bank 🎽Minimum money transfer limit through RTGS: 2 Lakhs 🎽Maximum money transfer limit through RTGS: No Limit 🎽Minimum & Maximum money transfer limit