Nashik: Vijay Sane Elected Chairman Of NAMCO Bank
Nashik: Senior director Vijay Sane has been unanimously elected Chairman of The Nashik Merchants’ Co-operative Bank (NAMCO), one of the leading cooperative banks in North Maharashtra, while Prafull Sancheti has been elected Vice-Chairman. The elections were held at a brief programme at the bank’s administrative office in Satpur. Following the announcement, supporters celebrated the occasion with…
Nashik witnessed the unanimous election of Vijay Sane as the Chairman of The Nashik Merchants’ Co-operative Bank (NAMCO) at a brief program held at the bank's administrative office in Satpur. Prafull Sancheti was elected as Vice-Chairman. The celebrations ensued with fireworks following the announcement. Sane, who is now serving his fourth term as Chairman, expressed his satisfaction and pride, crediting the efforts of grassroots workers for his journey.
He outlined the bank's future plans, which include a target of ₹5,000 crore in business, expansion of branch network, and ensuring transparent and efficient administration. The outgoing Chairman, Hemant Dhatrak, along with Sohanlal Bhandari and Vasant Gite, reviewed NAMCO Bank's achievements and announced the bank's intention to merge the Motiram Agrawal Jalna Merchants’ Co-operative Bank. The bank aims to expand its network to 101 branches and strengthen its digital banking services.
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