Which bank installed India's first ATM in 1987?

Question

The first ATM in India was installed by HSBC in Mumbai in 1987, pioneering ATM banking services in the country and initiating the era of electronic banking. HSBC expanded modern retail banking facilities in India much before the liberalization period and the ATM marked a significant milestone in banking technology.

GKToday Admin · Accepted Answer

HSBC The first ATM in India was installed by HSBC in Mumbai in 1987, pioneering ATM banking services in the country and initiating the era of electronic banking. HSBC expanded modern retail banking facilities in India much before the liberalization period and the ATM marked a significant milestone in banking technology.

Current Affairs

Daily MCQs

Monthly MCQs

Topic Wise CA MCQs

CA MCQs in Other Languages

GK MCQs Section

SSC/RRB/States Level MCQs