GUCBF: Who’s who of co-op sector gravitating to Gujarat

The Gujarat Urban Cooperative Banks Federation (GUCBF) -the apex body of urban cooperative banks in the state is ready to kick off a two day event called “Sahakar Setu 2018” which will be inaugurated by N. Vishwanathan, Deputy Governor, Reserve Bank of India on Saturday the 4th August at Narayani Heights, Gujarat.

The state Chief Minister Vijaybhai Rupani and Deputy CM Gujarat Nitinbhai Patel will attend the valedictory function. Besides, Union Minister of State for Agriculture Purshottam Rupala and Ishwarsinh Patel, Cooperative Minister of Gujarat will also take part in the valedictory ceremony, according to the invitation sent by Bharat Kapadia P.A. to GUCBF Chairman Jyotindra Mehta.

The two day event which is concluding on the of 5th August is titled ”Strengthening UCBs-Let us grow together under one Umbrella”

The event will be attended by Chairmen, CEOs, MDs, Directors and hundreds of prominent cooperators connected to cooperative in general and UCBs of Gujarat in particular, said Kapadia on phone to this correspondent.

During the inaugural session Chandra Pal Singh Yadav, President, NCUI, Ajay Patel, Chairman, GSC Bank, veteran cooperator and former minister in Karnataka H.K.Patil, Sundeep Kumar Nayak, MD of NCDC, J K Dash RD of RBI, Gujarat Region, R.B.Shandilya, Vice-President, NAFCUB are , among others slated to participate.

Speakers include V.S.Das, Former ED, RBI, D.N.Thakur, Deputy MD, NCDC, Mohd. Shahid, IAS, V.V.Anaskar, Vice-President, NAFCUB, Nalinbhai Upadhyay, IAS, RCS, Gujarat, Satish Marathe, Patron, Sahakar Bharati, D. Krishna, an expert on the Cooperative Banking Sector, among others.

Established in Ahmedabad in 1975 in accordance with the provisions of the Gujarat Co-Operative Society Act, 1961, Gujarat Urban Co–operative Banks Federation (GUCBF) is the apex body of 200 urban co-operative banks in Gujarat. Its objective is to highlight the issues related to the urban cooperative banking sector.

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Comments ( 2 )

  1. PRADEEP KUMAR

    “Sanskära Setu – 2018 “ is a great step towards professionalisation of UCBs especially when UCBs are having poor market share.

    Appointing Professionals on the Board will further improve the corporate governance culture in these banks on the lines of PSBs

  2. Raghavendrarao Chalasani

    When professionalism prevails in PSBs why they’re failing and why their NPAs are more than double in comparison with UCBs. Let us talk about the commitment towards the society. Co-operatives are more committed to the society

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