Banking Institutions and History

The Imperial Bank of India was formed in January 1921 by merging the three presidency banks: Bank of Bengal (1806), Bank of Madras (1843), and Bank of Bombay (1840). This was later nationalized and became the State Bank of India in 1955. The other options listed are either subsidiaries of SBI or unrelated banks.

Allahabad Bank, founded in 1865, is the oldest among the fourteen banks that were nationalized in 1969. It had over 100 years of history when nationalized, making it significantly older than the other options listed. SBI traces its roots to 1806 but in its current form was created in 1955.

ICICI Bank's internet banking platform was called 'Infinity' when it was launched in the late 1990s. It was one of the first internet banking services in India and set the template for online banking in the country. The other banks had different names for their online platforms.

HSBC introduced the first ATM in India in 1987 in Mumbai. This was a milestone in Indian banking automation. While other foreign banks like Citibank and Standard Chartered expanded their ATM networks later, HSBC was the pioneer in bringing ATM technology to India.

Centurion Bank merged with Bank of Punjab in 2005 after both banks' shareholders approved the merger. This created a larger entity before Centurion Bank was later acquired by HDFC Bank in 2008. The other options are not related to this specific merger.

The question wording is unclear - many banks have undergone brand changes. However, Bank of Baroda did undergo a significant brand identity change around 2007-2008 with a new logo and brand implementation. The question phrasing is vague and could refer to multiple banks.

DENA Bank was named after its founder, Devkaran Nanjee. The bank was established in 1938 and the name DENA was derived from 'Devkaran Nanjee'. This naming convention was uncommon in Indian banking where most banks were named after cities or regions.

When Tata Group exited the credit card business through Tata Finance, ICICI Bank acquired their credit card portfolio in the early 2000s. This was part of ICICI's aggressive expansion in the retail credit card market. Other major banks like HDFC were also expanding but didn't acquire this specific portfolio.

DSP Merrill Lynch used 'The 100% money manager' as their positioning slogan to emphasize comprehensive financial management and expertise. The tagline suggested complete, professional handling of investments. Other financial institutions like ICICI, IDBI, and UTI had different brand positions in the market.

Vysya Bank (now part of Karur Vysya Bank) used the baseline 'Experience relationship banking' as their tagline, emphasizing their focus on building long-term customer relationships rather than just transactional banking services. The other options (HSBC, IDBI, HDFC) used different positioning strategies.

Dena Bank uses 'Trusted Family Bank' as their tagline, emphasizing reliability and trust in banking relationships. Dena Bank is a public sector bank in India (now merged with Bank of Baroda). SBI is India's largest bank, Bank of Baroda is another major PSU bank, and Union Bank is also a PSU bank, but 'Trusted Family Bank' is specifically Dena Bank's slogan.

The Imperial Bank of India was renamed State Bank of India in 1955 after nationalization. The Imperial Bank itself was formed in 1921 by merging the three presidency banks - Bank of Bengal, Bank of Bombay, and Bank of Madras.

HDFC Bank was recognized as one of the world's seven best firms in the financial sector by a global business magazine in 2008. It was the only Indian company to feature in this list.