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Firsts in the Indian Banking Sector
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Firsts in the Indian Banking Sector
| Banking First | Institution / Person | Details |
|---|---|---|
| First Bank in India | Bank of Hindustan | Established 1770 in Calcutta; liquidated in 1832 |
| First Governor of the Reserve Bank of India (RBI) | Sir Osborne Smith | 1935 |
| First Indian Governor of the RBI | Sir Chintaman Dwarkanath Deshmukh (C.D. Deshmukh) | 1943 |
| First Bank to Introduce ATMs in India | HSBC | 1987, Mumbai |
| First Bank to Introduce Savings Accounts | Presidency Bank (Bank of Bengal) | 1830 |
| First Bank to Introduce Cheque System | Bank of Hindustan / Bengal Bank | — |
| First Bank to Introduce Internet Banking | ICICI Bank |