On November 21 and 22nd, more than 2000 Directors of 500 cooperative urban banks will assemble at Nashik at a state level conference.
The Union Agriculture Minister Mr Sharad Pawar will preside over the function to be attended by the Union Finance Minister Mr Pranav Mukerjee.
Sharad Pawar’s daughter and Member of Parliament Supriya Sule is the convenor of the programme.
In the changing economic scenario role of Urban Cooperative banks is assuming added significance and this conference will address the challenges before the UCBs.
Many economists are of the view that country’s ills can be addressed by strengthening the urban cooperative banks but lack of professionalism among them is the main handicap.
Also, lack of transparency and control of a few at the decision-making level in some of the UCBs are defeating the concept of cooperatives.
The high and mighty of country such as Sharad Pawar and Pranab Mukerjee should sit down to hammer out a fool proof solution.
