Banking Institutions and History

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.

As of 2011, there were 28 foreign banks operating in India according to Reserve Bank of India data.

UTI Bank was rebranded as Axis Bank in 2007 to avoid confusion with the Unit Trust of India, which is a separate entity.

Hanil Bank is a South Korean bank that opened its first branch in New Delhi in 1997. It later merged to become part of Woori Bank.

China Trust Commercial Bank is a major financial institution headquartered in Taiwan. It expanded its operations to India in 1996.

ABN Amro served as the counseling bank for the modernization projects of the airports at New Delhi and Mumbai.