The record
Written from the 1 report below. Nothing here is unsourced.
- The Belagavi District Central Cooperative Bank plans to hire 134 staff members after a previous recruitment attempt was cancelled due to irregularities.
- Management aims to secure state government approval to relaunch the process before December.
- The bank currently serves farmers across three districts and has reported growth in deposits and agricultural credit.
- Ensuring the stability of local sugar factories remains a priority to support the regional sugarcane industry.
What to watch next
- Government approval for the bank's recruitment proposal
- Completion of the recruitment drive before December
- Future decisions on loan sanctioning for regional sugar factories
Who said what2
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Balachandra Jarkiholi
MLA
1 quote · 1 outlet
“We had begun the process for filling 134 vacant posts earlier, but the government cancelled it due to certain irregularities in the reservation roaster and other technicalities.”
In the article
…government would approve of the bank’s recruitment proposals in the next few months and the recruitment drive would be completed before December. He was speaking at the 105th annual general body meeting of the bank. “ We had begun the process for filling 134 vacant posts earlier, but the government cancelled it due to certain irregularities in the reservation roaster and other technicalities. Over 21,000 candidates had applied for these posts. We will rectify any error regarding reservation norms from the previous process and seek fresh applications,” he said. The bank has now sent a new proposal to recruit…
Annasaheb Jolle
bank chairman and former MP
1 quote · 1 outlet
“Agricultural loans provided to farmers at zero interest have increased from ₹3,300 crore to ₹3,727 crore.”
In the article
…even a single factory would create difficulties for farmers,” he said. Annasaheb Jolle, bank chairman and former MP, stated that the bank, with a history spanning over 106 years, is currently celebrating its centenary. Agricultural loans provided to farmers at zero interest have increased from ₹3,300 crore to ₹3,727 crore. Deposits rose by ₹616 crore in six months, reaching ₹6,703 crore. He added that working capital has increased to ₹9,776 crore, and the loan repayment rate stands at 99.78%. The loan limit for sugarcane cultivation has…
Coverage1
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Named India · Karnataka · Annasaheb Jolle · Balachandra Jarkiholi · Belagavi District Central Cooperative Bank
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