Anyonya Co-operative Bank Limited (ACBL) located in the city of Vadodara, in Gujarat, is the first of what type of institution in India, that take deposits and lend money in most parts of the world?
Anyonya Co-operative Bank Anyonya Co-operative Bank Limited (ACBL) located in the city of Vadodara (formerly Baroda) in Gujarat, is the first co-operative bank in India.
Offshore bank An offshore bank is a bank located in a jurisdiction different from that where its depositors reside. Countries that have a history and reputation as a haven for offshore banks can be referred to as offshore financial centres. An account held in a foreign offshore bank, especially in a tax haven jurisdiction, is often described as an offshore account. Typically, an individual or company will maintain an offshore account in a low-tax jurisdiction (or tax haven) for the financial and legal advantages it provides, including: