In the much-awaited election to the Belagavi District Central Cooperative (DCC) Bank, former BJP MP Annasaheb Jolle has been elected as President, while Kagwad Congress MLA Raju Kage has taken charge as Vice President.
District In-charge Minister Satish Jarkiholi said the appointments were unanimous and aimed at the bank’s progress. “As expected, we have chosen an experienced hand in the cooperative sector, Annasaheb Jolle, as President and MLA Raju Kage as Vice President. The decision was taken in the interest of the bank’s growth,” he stated.
Explaining the leadership arrangement, Jarkiholi said the posts would be held on a rotation basis, with the BJP heading the bank for the first 30 months and Congress taking over afterward. “There’s no politics in this. The arrangement is purely for the DCC Bank’s development, similar to earlier practices,” he clarified.
Lauding Jolle’s expertise, Balachandra Jarkiholi, Belagavi Milk Union president and senior BJP leader, said, “Annasaheb Jolle is an economist, and under his leadership, the bank’s deposits, currently at ₹6,500 crore, are expected to reach ₹10,000 crore, taking it to the top position in the state.”
Expressing gratitude, Annasaheb Jolle thanked the Jarkiholi brothers and all directors for their support. “We will work to make this bank a model institution and the best in Karnataka,” he said. He added that the bank would extend loans to all sectors, including farmers, and noted that the DCC Bank would mark its centenary year this year, ushering in a new chapter in its legacy.
