Gautam Vyas from Gujarat and Kanjibhai Bhalala were elected as directors as representatives of urban co-operative banks in the elections of the National Federation of Urban Co-operative Banks and Credit Societies. Elections were held for the board of directors of NAFCAB, an organization representing 1514 urban co-operative banks and more than fifty thousand co-operative credit societies of India. The election of directors of associations of co-operative banks and credit societies across the country was held unopposed. 19 There are 7 seats for representatives of urban co-operative bankers on the Board of Directors. Elections had to be held due to the candidature of 9 candidates for 7 seats.
National Cooperative Union of India (NCUI), New Delhi elections were held on 12/02/2024. On the same day, when the votes were counted, two representatives from Maharashtra, two from Karnataka, one from Andhra Pradesh and two from Gujarat won as directors. Gautambhai Vyas of Bardoli Co-operative Bank and Kanjibhai Bhalala of Varachha Co-operative Bank will now represent Urban Co-operative Bank in NAFCAB for five years.
Kanjibhai Bhalala, a pioneer in the cooperative and social sector, is associated with various organizations. Shri Saurashtra Patel serves as the Chairman of the Board of Management of Varachha Co-operative Bank Surat, President of Seva Samaj Surat and Chief Warden of Civil Defense Surat. Kanjibhai is the Deputy Chairman of South Gujarat Banks Federation (SCOBA) and recently served as the Director of Gujarat Banks Federation. The Varachha Bank family takes pride in congratulating Kanjibhai Bhalala, Chairman of the Board of Management of Varachha Bank Surat, on his election as Director of NAFCAB. Now he has been elected as a director in the Association of Cooperative Banks at the national level. His wide experience at the national level will benefit the entire country, which is a matter of joy and pride for the cooperative world.
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