The Cooperative societies which were four in numbers had started working in
tehsil Amethi in the early years of ninteenth century. However, the District Cooperative
Bank Ltd. was established here on April 3, 1912. The Central Bank of India was started
functioning in 1946, the State Bank of India and Bank of Baroda in 1957 and the Banaras
State Bank was opened in 1969.
Higher Education: The
Ranvir Rananjaya Degree College, Amethi, was founded in 1959-60. Formerly it was
affiliated to Agra University, Agra, and now it is affiliated to the Dr.Ram Manohar Lohiya
Avadh University, Faizabad. The other degree college worth mentioning here is Ganpat
Sahai Degree College, Sultanpur which was founded in 1967-68. Presently the Kamla Nehru
Institute of Social Sciences is the most sought after largest higher education institution
in the district located at about four km from the roadways bus station (in addition to
other degree colleges in different tehsils).