Question
SEWA Cooperative Bank was first initiated in _________ in 1974.
The correct answer is
Ahmedabad
SEWA Bank Initiation Location
The SEWA Cooperative Bank was first initiated in Ahmedabad in the year 1974.
This initiative was a significant step by the Self-Employed Women's Association (SEWA) to provide financial services tailored to the needs of poor, self-employed women.
The bank started its operations in Ahmedabad, Gujarat, marking a crucial point in the history of grassroots cooperative banking in India.
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Important Questions from Banking History or Facts
- When was the Bank of Madras established as the third Presidency Bank in India?
Which of the following is the apex banking institution of India that regulates the monetary policy?
Which among the following is the first life insurance company on the Indian soil?
Which among the following sponsors Regional Rural Banks (RRB'S)?
In which year State Bank of India was nationalized?
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