Who started Suvarna Sahakari Bank and when was it established?
Q: Who started Suvarna Sahakari Bank and when was it established?
A: Suvarna Sahakari Bank was started by Dnyaneshwar Agashe in 1969.
Q: What was the purpose of Suvarna Sahakari Bank?
A: Suvarna Sahakari Bank was established to cater to the banking needs, primarily of Pune's middle class Marathi population.
Q: What happened to Suvarna Sahakari Bank after the 2004 BCCI election scandal?
A: Suvarna Sahakari Bank became the central business involved in Agashe's alleged scam case between 2006 and 2008.
Q: Was there any attempt to merge Suvarna Sahakari Bank with another bank?
A: Yes, there were plans for a merger with Cosmos Bank.
Q: Did Suvarna Sahakari Bank survive the scandal and the merger attempt?
A: No, it was finally dissolved and merged with Indian Overseas Bank in 2009.
Q: What is the significance of Suvarna Sahakari Bank's failure?
A: The bank's failure amidst a political scandal is widely cited today in the Indian banking sector.
Q: Who was Suvarna Sahakari Bank primarily catering to?
A: Suvarna Sahakari Bank was established to cater to the banking needs, primarily of Pune's middle class Marathi population.
