Important in Exams

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1) Rs. 1000/-

         Highest denomination Notes in India.
         Banned in 1978.
         Reintroduced in 2000.
         177x33 mm.

2) ATM

         Automatic Teller Machine.
         First Introduced by Barclay Bank, London.
         First ATM in India introduced by HSBC.

3) Credit Card

         Introduced by Dinor's club.
         First introduced in India by Central Bank of India.

4) First Indian Bank that has branch in foreign is Syndicate Bank

5) First Indian Private Bank in Foreign countries is Hinduja

6) In India, Bank of Baroda has more branches in foreign countries.

7) BIS - Bank of International settlements

             Established in 1930   

             Located in Basle, Switzerland

             RBI took membership in 1996

8) Ambudsmen

             Established by RBI  on June 14th, 1995.                  

             To solve the bank Account holders problems.

             11 branches in India

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