Jyotindra Mehta, the newly elected president of NAFCUB, aims to adopt new technology:
National Federation of Urban Cooperative Banks and Credit Societies (NAFCUB) has around 1600 urban cooperative banks and 50,000 cooperative credit societies as members. Jyotindra Mehta has been elected president of NAFCUB recently, while K.K. Sharma and V.V. Anaskar were elected vice presidents. Nine directors were also elected from state federations, 7 from urban cooperative banks, 2 from credit societies, and 1 from mahila banks. NCUI has nominated one director. H.K. Patil, a former minister of Karnataka, has been nominated as the chairman emeritus of NAFCUB in recognition of his contributions to the cooperative banking sector.
Mehul Dani: What is your agenda and what are the priorities as president of NAFCUB?
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Key Russian central bank official leaves
The First Deputy Governor of Bank of Russia Olga Skorobogatova is leaving the central bank in early December.
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