Mumbai based Bharat Cooperative Bank is going to elect its Chairman during a Special General Body Meeting today i.e Friday. The month-long election process came to an end yesterday with the victory of 20 Directors. The outgoing Chairman Jaya C. Suvarna has also staged a come back as one of the Directors.
It is learnt that 19 directors from the general category were in the fray and voters had to elect only 17 of them. Rohit Suvarna and Satish Bangera were defeated. Rohit Survana was the outgoing director and Satish Bangera contested the election but lost.
The candidates who won the election include Lingappa Amin, Somnath Amin, Jaya Kotian, Premnath Kotian, Purushotham Kotian, Vasudeva Kotian, Damodar Kunder, Narayan Poojari, Gangadhar Poojary, Koragappa Poojary, Mohandas Poojary, Shivaji Poojary, Bhaskar Salian, Jaya C. Suvarna, Jyoti Suvarna, Narayana Suvarna, and Jaya Suryakant Suvarna.
It is noteworthy that a candidate Anbalagan Harijan from the SC/ST category and Sharada Karkera and Rohini Salian from the Women category were elected unopposed. The board comprises of 20 directors.
Sharing the details of the election, A.K. Chavan, Additional Registrar (Cooperative Society) and Returning officer 
said to this correspondent on the phone that, “The polling was held on 2nd October and 14,375 cast their votes, out of which 481 votes were found invalid and rejected. 45 centers and 146 polling booths had been setup across Maharashtra, Karnataka and Gujarat”.
“The counting of votes was held at Brijwasi Palace Hall, Sonawala Road, Goregaon (East) Mumbai. The results are to be formally announced during the special general meeting of the bank.
It bears recall that there are 1,74,184 people who are eligible to cast their votes during the election but only about 14 thousand cast votes.
Bharat Cooperative Bank has about 101 branches across Maharashtra, Karnataka and Gujarat. In the last FY 2017-18 the bank earned a net profit to the tune of Rs 93.38 crore.
