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Which was the first bank to introduce the ATM in India?

  • A.HSBC
  • B.Standard Chartered Bank
  • C.State Bank of India
  • D.United Bank of India

Answer: A

Correct answer: HSBC

HSBC installed India’s first automated teller machine, at Mumbai in 1987. Indian banks followed over the next few years, but the network only became genuinely useful once the National Financial Switch made cards work across banks.

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