Question

Nationalized bank was first to sponsor a regional rural bank in india?

Answer 1

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Answer 2

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The development process of RRBs started on 2 October 1975,Gandhi Jayanti with the forming of the five RRBs. First RRB, the Prathama Bank, Head Office at Moradabad (U.P.) with authorised capital of Rs 5 crore at its starting. Prathama bank was sponsored by Syndicate Bank.