BY mannjit
# First company to provide Freelook period of 15 days to the customer was MaxNewYorkLife.
# Birla sunlife was the first Indian Insurance Company to introduce “Free Look Period” and the same was made mandatory by IRDA for all other life insurance companies.
#ICICI Prudential was amongst the first private sector insurance companies to begin operations in December 2000 after receiving approval from Insurance Regulatory Development Authority (IRDA).
#HSBC -- the Hongkong and Shanghai Banking Corporation -- was the first bank to introduce the ATM concept in India way back in 1987.
#ICICI Bank, the banking subsidiary of ICICI Ltd. (NYSE: IC and ICD) announced the launch of India's first Credit Card with Internet access to all customers.
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