Cooperative Societies growing closer to people, says DK District Central Cooperative Bank chairman


Mounesh Vishwakarma

Daijiworld Media Network - Bantwal

Bantwal, Sep 21: "As cooperative societies expand through more branches, nationalised commercial banks are merging and distancing themselves from the public," stated M N Rajendra Kumar, chairman of the Dakshina Kannada District Central Cooperative Bank. He made these remarks at a programme titled "Trader-Customer Meeting," organised by the Dakshina Kannada Traders' Multi-Purpose Cooperative Society in Bantwal.

Rajendra Kumar noted that while Dakshina Kannada was once considered the home of banks, the merger of banks has led to their disconnect from the community. "Commercial banks often lack personnel who understand the local culture and language. In contrast, cooperative societies employ individuals familiar with the local culture and language, making it easier for customers," he added. He congratulated everyone involved in the success of the event and emphasized that the cooperative sector has brought victories for farmers in the district.

Mohanadas Paramahamsa Swamiji of Manil Shri Dham offered blessings, stating that the traders' association has evolved into an organisation promoting love and harmony, signaling a bright future for the bank.

Subhashchandra Jain, president of the Traders' Cooperative Society, chaired the meeting and emphasised that the purpose of the gathering was to strengthen the relationship between traders and customers.

Other attendees included Vasu Poojari, chairperson of the Town Municipality; Baby Kunder, president of the BUDA; Sudarshan Jain, president of the Mangaluru Dhaval Cooperative Society; Nagesh Kalladka, president of the Panemangalore Sumangala Credit Cooperative Society; Chittaranjan Bolar, president of the Atma Shakti Multi-Purpose Cooperative Society; K Jayant Nayak, president of the Public Employees Cooperative Society; Jayakeerthi Jain, president of the State Government Employees Multi-Purpose Cooperative Society; Ramesh Nayak Rai, president of the Vittla Teachers Cooperative Bank; Padmanabh Devaadiga, president of the Bantwal Business Service Cooperative Society; vice-president Manjunath Agari; and CEO Ajith Kumar Jain.

Director Divakar Das welcomed the guests, while Lokesh Suvarna offered the vote of thanks.

The event was coordinated by Hechke Nayanadu. The programme honored contributors to the bank's success and provided financial assistance to 12 individuals suffering from illness. Various activities were conducted by vice-president Manjunath Agari and directors Gajendra Prabhu, Narayan C Perenne, Sudhakar Salyaan, Hemant Kumar Jain, Ravindra, Rajesh, Jayaraj, Swapna Rajaratna, Vijayakumari Indra, Michael D’Costa, Dr Sudheep Kumar, and Battyappa Shetty.

  

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Title: Cooperative Societies growing closer to people, says DK District Central Cooperative Bank chairman



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