NAFCUB Director Sunil Deora has been elected unopposed as Chairman of the Marathwada Urban Banks Cooperative Association, while Ajay Patil has been elected Vice-Chairman for the 2026–2031 term.
The elections took place at the first meeting of the newly elected Board of Directors, held at Urban Bank Bhavan, Padegaon, under the chairmanship of Election Officer Kiran Chaudhary.
Following his election, Deora expressed his commitment to taking the association to newer heights and further strengthening the urban cooperative banking movement in the Marathwada region.
Marathwada is home to around 65 urban cooperative banks, with a combined business mix exceeding Rs 25,000 crore, making it a significant contributor to Maharashtra’s urban cooperative banking sector.
Several directors, including Rajkishor Modi, Satyanarayan Tohia, Balakishan Chandak, Dr Kishor Mantri, Kishor Shitole, Laxmikant Somani, Dilip Chavan, Sanjay Mutha and others, attended the meeting. Chief Executive Officer Dilip Gounder was also present.
