Banking Institutions and History

UTI Bank (now Axis Bank) was the first to install an ATM at the high-altitude location of Thegu in Sikkim.

The group of five public sector banks that formed the Cash Online network included Canara Bank, Union Bank of India, Central Bank of India, UCO Bank, and Indian Overseas Bank.

State Bank of India established India's first drive-in ATM in Hyderabad.

CASHNET was the name of the shared ATM network launched by these banks to allow customers to use each other's ATMs.

The State Bank of India's floating ATM, named 'Jhankar', was launched in the Ernakulam-Vyapin area of Kochi.

ICICI Bank was a pioneer in introducing biometric-enabled ATMs to facilitate banking for rural customers who might not be familiar with PINs.

Andhra Bank was the first nationalized bank in India to introduce mobile ATM facilities.

Correct option is 3.

Historically, ICICI Bank has been a leader in the Indian credit card market in terms of issuance volume.

Citibank is widely recognized for introducing the first debit card in India.

Times Bank Ltd. is credited with introducing the first debit card by an Indian bank.

Standard Chartered Bank introduced the Marathon Credit Card in India.

ICICI Bank launched the 'Forex on Swipe' scheme to provide foreign currency to cardholders.

The International Development Association (IDA), a member of the World Bank Group, provides interest-free loans and grants to the world's poorest countries, earning it the nickname Soft Loan Window.

Allahabad Bank, which was founded in 1865, had its headquarters in Kolkata, West Bengal. It was later merged with the Indian Bank in 2020.