which bank introduced atm in india

HSBC (The Hongkong and Shanghai Banking Corporation) was the first bank to introduce the ATM concept in India. The bank installed the first Automated Teller Machine in Mumbai in 1987. This initial installation marked a significant milestone, paving the way for the growth of accessible banking services across the country. In the following ten years, India saw the setup of approximately 1500 ATMs, which helped drive the move towards digitized transactions.