Which bank was the first to introduce an ATM in India?
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The first bank to introduce an ATM in India was HSBC (Hongkong and Shanghai Banking Corporation).
The first ATM was installed in Mumbai in 1987.
While there were early trials and initiatives before this, the first official ATM in India was introduced by Hong Kong and Shanghai Banking Corporation (HSBC) in 1987. They installed it in Mumbai, marking a significant step in modernising India’s banking system