The document provides key details about the history and development of banking in India such as: Savings accounts were first introduced in 1833 by Presidency Bank. Allahabad Bank is the oldest existing public sector bank. It also lists various banks and the innovations they introduced, for example, ICICI Bank was the first to provide mobile ATMs. Additionally, it mentions facts about international organizations like their headquarters and important world currencies.

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Important Points to Note
 Savings Account system in India was started by Presidency Bank, in
1833.
 Cheque system was first introduced by Bengal Bank which was established
in 1784.
 Allahabad Bank is the oldest existing public sector bank in India.
 Central Bank of India was the first public bank to introduce credit card.
 Central Bank of India is the first commercial bank which was managed by
Indians.
 ICICI Bank was the first bank to provide Mobile ATM
 Bank of Baroda has the maximum number of overseas branches.
 India’s first “Talking” Automated Teller Machine (ATM) launched by
Union Bank of India
 (UBI) for visually impaired, was launched in Ahmedabad (Gujarat).
 The National Payments Corporation of India (NPCI) launches India’s
first rural bank ATM card
 with a regional rural bank in Varanasi
 First Indian bank got ISO : Canara Bank
 First Bank to introduce Internet Banking : ICICI Bank
 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
 Frist Indian Bank to open branch outside India i.e. London in 1946 – Bank of
India
 First Bank to introduce ATM in India : HSBC in 1987, Mumbai
 Bank of Baroda has the maximum number of overseas branches.
 Premium Credit Cards exclusively for women launched recently by HDFC
Bank.
 Private Sector Bank that recently launched a product of Personal Loan called
“SWIFT” – HDFC

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 Rupay Card Developed by : National Payment Corporation of India (NPCL)
 Canara Bank names cricketer Shikhar Dhawan as its brand
ambassador.
 EPFO (Employee’s Provident Fund Organization) which is the Regulator
of Retirement Fund of
 Government Employees in India, decided to increase rate of interest on
Provident Fund deposits to8.75% from 8.5% earlier
 Ms. Lakshmi Swaminathan has become the 1st Indian to be elected as
the President of theAdministrative Tribunal of the Asian Development
Bank (ADB).
 ICICI Bank offers Card less Cash Withdrawal at ATMs. Now, withdraw without
a debit card at an ICICI Bank ATM, as the
 bank facilitates cardless cash withdrawal service with the help of a mobile
number.
 State Bank of India (SBI) tie-up with MasterCard launched its first multi-
currency international debit card to allow
 consumers to use a single card to pay in multiple currencies. At present, the
card can be issued at an annual fee of Rs. 100 without any interchange fee
to customers
 IndusInd Bank launched a new customer service called Video Branch to
enable customers to do a video conference withthe bank staff at
convenience.
 ICICI Bank offers EMI on debit cards: ICICI Bank, the country’s largest
private sector bank, has launched EMI (equated
 monthly installments) facility on debit cards to enable its customers to
convert their high value transactions into easyinstallments.
 Note: ICICI bank is the first in the country to introduce this facility
Headquarter of International Organisation
 UNO - New York
 UNICEF - New York

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 UNESCO – Paris
 WHO – Geneva
 UNFPA - New York
 SAARC – Kathmandu
 World Bank - Washington D.C
 ADB - Manila
 IMF -Washington DC
 WTO – Geneva (Switzerland)
 Organization of the Petroleum Exporting Countries –(OPEC) Vienna (Austria)
 Association of South East Nations (ASEAN) – Jakarta(Indonesia)
 NATO (North Atlantic Treaty Org)–Brussels(Belgium)
 Asia-Pacific Economic Cooperation (APEC) –Singapore
 United Nations Conference on Trade and Development(UNCTAD) – Geneva
 United Nations Industrial Development Organization(UNIDO ) – Vienna
 International Court Of Justice - The Hague(Netherland)
 International Atomic Energy Agency – Vienna
 International Committee of the Red Cross – Geneva
 International Maritime Organisation– London
 Food and Agricultural Organisation – Rome (France)
 World Meteorological Organisation - Geneva
 Commonwealth of Nations – London
Important Currencies
 Afghanistan -- Afghan Afghani
 Argentina -- Peso
 Australia --- Dollar
 Austria ---European euro
 Bangladesh--- Taka
 Bhutan ---- Ngultrum
 Brazil --- Real
 Canada ---- Dollar
 Chile ---- Peso

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 China --- Yuan
 Cuba --- Peso
 Denmark --- Krone
 Egypt --- Pound
 France --- Euro
 Germany --- Euro
 Hong Kong --- Dollar
 India --- Rupee
 Indonesia --- Rupiah
 IMF --- Special DrawingRights
 Iran --- Rial
 Iraq --- Dinar
 Japan --- Yen
 Latvia --- Euro
 Malaysia --- Ringgit
 Maldives --- Rufiyaa
 Mexico --- Peso
 Nepal --- Rupee
 Netherlands -- Euro
 Norway -- Krone
 North Korea -- Won
 Pakistan -- Rupee
 Philippines --- Peso
 Portugal ---- Euro
 Qatar ---- Riyal
 Russia ---- Ruble
 Saudi Arabia -- Riyal
 Singapore -- Dollar
 South Africa -- Rand
 South Korea -- Won
 Sri Lanka -- Rupee
 Switzerland - Franc

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 Syria --- Pound
 Thailand --- Baht
 Turkey --- Lira
 Ukraine --- Hryvnia
 UAE -- Dirham
 UK -- Pound
 USA --- Dollar
 Vatican --- Euro
 Zimbabwe – Dollar