The Mumbai district cooperative bank the highest body of all cooperative societies within the territory of Mumbai will go to the polls in April to elect the 21 member management board including the chairman.
The bank is worth over Rs 60, 000 crore. Shiv Sena supremo Uddhav Thackeray is straining at the leash to get his party into the cooperative sector through the coming bank elections. He has already put some of his close deputies at work to achieve this goal, says a report carried by Asian Age.
However, the present bank chairman Praveen Darekar who recently left the MNS to join the BJP claims the current board of directors will be repeated after the polls, according to the report.