Question: 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?
Context: Ajay Patel is Chairman of Gujarat State Co-operative Bank and Ahmedabad District Co-Operative Bank.  Patel is also involved in sports associations, primarily as president of Gujarat State Chess Association and vice president of the National Rifle Association. The Cosmos Co-operative Bank Ltd. (Cosmos Bank), established in 1906, is one of the oldest Urban Co-operative Banks in India.  Cosmos Bank celebrated its centenary on 18 January 2006.  It is one of the first co-operative banks in the country to implement Core Banking System (CBS) across the entire network of its then 137 service outlets using Finacle-Infosys Core Banking Software.  It also received an authorized dealer (AD) license from the Reserve Bank of India to become the third co-operative bank in India to have such a license in thirty years. Ahmedabad is the largest inland industrial center and the second largest industrial center in western India after Mumbai.  The gross domestic product of Ahmedabad metro was estimated at $160 billion in 2010.  It is the largest supplier of denim and one of the largest exporters of gems and jewellery in the country.  Ahmedabad hosts the headquarters of major public-sector banks Ahmedabad Dist Co Op Bank, Ahd Mercantile Co-Op Bank Ltd, Ahmedabad Mercantil Co Op Bank, Dena Bank, The Cosmos Co - Op Bank,Manager Gujarat Ambuja Co-Operative, The Gujarat State Co-operative Bank Ltd.Gujarat State Coop Bank, The Kalupur Bank, Ahmedabad Capital Bank, Kutch Bank co op, Bank of Rajasthan, Bank of Marwad, The Vadodara Urban Development Authority is a civilian government body responsible for overseeing and sanctioning construction and infrastructure development across the suburbs of the city of Vadodara, in the state of Gujarat in India.  The office of VUDA is at Karelibaug Near L&T Circle(parth), Vadodara.  Recently the area of working of VUDA has been limited due to merger of 4 Gram Panchanyats of Vadodara district with the Vadodara Municipal Corporation. Sayaji Baug is a garden located in Vadodara, Gujarat, India.  Sayaji Baug was dedicated to the citizens of Vadodara by Maharaja Sayaji Rao Gaekwad III in 1879.  Sayajirao III built Sayaji Baug, well known as Kamati Baug, on the river Vishwamitri.  Sayaji Baug is the largest garden in Western India, stretching over 113 acre .  It has a rich flora of more than 98 species of trees.  The garden is home to the Baroda Museum & Picture Gallery, the Sardar Patel Planetarium, and the Sayaji Baug Zoo.  There are three entrance Gate First is at Sayaji square ( formally known as KALA GHODA square) and 3rd one is at Ranapratab square (fatehganj) and secound is in between first and Third.  First Entrance gate is just nearby to Vadodara Railway Station and new Bus Stand (expr.  500 m). This is one of the finest Garden in India, and is maintained by Vadodara Municipal Corporation.  Thousands of Citizens of the city do come here for morning walk as well as for pleasant view of the Garden Cooperative banking is retail and commercial banking organized on a cooperative basis.  Cooperative banking institutions take deposits and lend money in most parts of the world. The overnight policy rate is an overnight interest rate set by Bank Negara Malaysia (BNM) used for monetary policy direction.  It is the target rate for the day-to-day liquidity operations of the BNM.  The overnight policy rate (OPR) is the interest rate at which a depository institution lends immediately available funds (balances within the central bank) to another depository institution overnight.  The amount of money a bank has fluctuates daily based on its lending activities and its customers’ withdrawal and deposit activity, therefore the bank may experience a shortage or surplus of cash at the end of the business day.  Those banks that experience a surplus often lend money overnight to banks that experience a shortage so the banking system remains stable and liquid.  This is an efficient method for banks around the world to practice 'Accessing short-term financing' from the central bank depositories.  The interest rate of the OPR is influenced by the central bank, where it is a good predictor for the movement of short-term interest rates.  In 2014, Malaysia’s central bank raised its key interest rate for the first time in more than three years, to help temper inflation and rising consumer debt. VadFest (Vadodara International Art and Culture Festival), organized by Art and Cultre Foundation Vadodara under the aegis of Vadodara International Art and Culture Festival Authority, Government of Gujarat and Gujarat Tourism, is an initiative to promote and restore Vadodara as a cultural capital of India.  It is one of India's biggest art and cultural festivals.  Vadodara is famous for its rich heritage, fine arts, performing arts, iconic architecture, industrious nature and academic infrastructure.  The first such festival was on 23–26 January 2015. Anyonya Co-operative Bank Limited (ACBL) located in the city of Vadodara (formerly Baroda) in Gujarat, is the first co-operative bank in India. The Shamrao Vithal Co-op.  Bank Ltd. (SVC Bank) known as SVC Cooperative Bank Limited, established in 1906, is one of the oldest Urban Co-operative Bank in India.  The bank was founded when co-operation was just started to begin in the country.  It was set up with the primary objective of assisting the less fortunate members of the community in its economic enterprises.  This was also to encourage savings and to create funds for providing financial aid to deserving members.
Answer: Cooperative banking