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The Times of India
The Times of India
National
Clara Lewis | TNN

Politics at play? BJP man back to helm Mumbai District Central Cooperative Bank

MUMBAI: BJP's Pravin Darekar was elected chairman of the Rs 10,000-crore Mumbai District Central Cooperative Bank, one of the richest cooperative banks in the state, on Friday. Six months ago, Darekar was forced to resign from one seat on the bank's board of directors as he had falsely represented himself from the labour category. He said he owed his return to the intervention of deputy CM Devendra Fadnavis, who recently discussed the issue with NCP's Ajit Pawar.

In board elections this January, Darekar had filed his nomination under two categories: labour and urban cooperative bank category. He won in both categories.

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