Baroda Uttar Pradesh Grameen Bank, Kashi Gomti Samyut Gramin Bank and Purvanchal Bank are merged into a single bank regional rural bank, Baroda UP Bank. Where will be the headquarter of Baroda UP Bank?
Baroda Uttar Pradesh Grameen Bank, Kashi Gomti Samyut Gramin Bank and Purvanchal Bank are merged into a single bank regional rural bank, Baroda UP Bank. Where will be the headquarter of Baroda UP Bank? Correct Answer Gorakhpur
The correct answer is option 2 i.e Gorakhpur.
- The government has notified amalgamation of regional rural public sector banks i.e Uttar Pradesh Grameen Bank, Kashi Gomti Samyut Gramin Bank and Purvanchal Bank into a single regional rural bank Baroda UP Bank.
- Its headquarters will be in Gorakhpur under the sponsorship of Bank of Baroda.
- Bank of Baroda is the sponsor of Baroda Uttar Pradesh Grameen Bank, Union Bank of India is the sponsor of Kashi Gomti Samyut Gramin Bank while State Bank of India is the sponsor of Purvanchal Bank.
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Feb 20, 2025