Ajit Pawar Resigns as Director of Pune District Central Cooperative Bank

Ajit Pawar Resigns as Director of Pune District Central Cooperative Bank

Maharashtra Deputy Chief Minister Ajit Pawar has resigned as a director of the Pune District Central Cooperative (PDCC) Bank, citing increased workload and party responsibilities. The announcement was made in a statement released on Tuesday. Ajit Pawar had been a director of the bank since 1991. The bank’s chairman, Dr. Digambar Durgade, stated that Pawar’s decision to step down was due to the increase in his workload after becoming deputy chief minister and his increased responsibilities within his party. According to the statement, the bank had made remarkable progress under Pawar’s leadership and had become the number one bank in the cooperative sector in the country. When Pawar became a director, the bank’s turnover was Rs 558 crore, but it has now reached Rs 20,714 crore. It is worth noting that Ajit Pawar split from the NCP headed by Sharad Pawar in July this year when he joined the Shiv Sena-BJP government in the state. For more information, read the full article on The Economic Times.

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TIS Staff

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