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.

Related Questions

Rural life refers to the life of the people living in villages and under developed areas.Some of the facilities of town life are not available in the rural sides . Many people from rural come to the city for for studying or for earning a living as there is no proper education facilities available in the rural areas. There are many advantages as well as disadvantages when it comes to the rural life.  Which of the following, if true, would strengthen the conclusion about the advantages of rural life?