At the prime time of opening Sutex Bank its name was The Surat Textile Traders Co-Op. Bank Ltd. Banks registered office address is Surajram Bachkaniwala Bhavan, Nr.Navjivan Circle, Udhan Magdalla Rd.,Surat . In the year 1972 Bank’s Establisher Chairman Late Shri Surajram Bachkaniwala and Vice Chairman Late Shri Ashabhai Shankarbhai Patel having a prosperous vision to provide a golden & profitable market to Surat’s Textile Industry, registered the Bank at a cooperative level. Sutex Bank provided services with a view to help Surat Textile Market shop keepers with Banking facilities and help them start and manage their businesses.
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