Himachal govt delays formation of Board of KCC Bank

Even while the newly elected members of the KCC bank have taken the oath, Kangra Central Cooperative (KCC) Bank has yet to get its board of directors, reports Tribune.

The formation of the board is delayed due to the state govt not yet nominating three members for the board. The BJP won 12 out of 16 posts of directors in recent elections.

The KCC bank has 16 elected members and three nominated members. It bears recall that the BJP government had dismissed the board of the KCC bank in 2018 and had nominated three members of the board.

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