Multiple choice general knowledge

Which was the first Indian private sector bank to introduce a debit card?

  1. HDFC

  2. ICICI

  3. Federal bank

  4. None of these

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A Correct answer
Explanation

HDFC Bank was the first Indian private sector bank to introduce debit cards in the late 1990s, revolutionizing digital payments in India's banking sector. This move helped establish HDFC as an innovator in retail banking. ICICI followed later with its own debit card offerings.