Mysuru: The voting for electing the Directors of  Mysuru and Chamarajanagar District Co-Operative Central (MCDCC) Bank began at Nanjaraja Bahadur Choultry on Vinoba Road here this morning. The polling is being held to elect 12 Directors, while five Directors have already been elected unopposed. The MCDCC Bank has 17 Directors on   its board. Those elected…

Mysuru:  BJP leader C. Basavegowda and Youth JD(S) leader G.D. Harish Gowda have been elected unopposed as Directors of Mysuru-Chamarajanagar District Co-operative Central (MCDCC) Bank. The polls for electing 17 Directors of the Bank is scheduled to take place on Nov.12. However, Basavegowda was declared elected unopposed from T. Narasipur-1 Constituency as no other candidates…

Hunsur: A criminal case has been registered against four Bank staff including two Managers of Mysuru-Chamarajanagar District Central Co-operative (MCDCC)Bank in connection with the alleged misappropriation of Rs. 27 crore in Hunsur and Bilikere branches of the Bank. The current Manager of Bilikere branch M.T. Shashidhar had lodged a complaint on Sept.17 against relieved Hunsur…

Mysuru: Pandemonium prevailed during the 64th Annual General Body Meeting (AGM) of Mysuru and Chamarajanaga District Central Co-operative Bank (MCDCC) held in the city yesterday. Soon as the meeting commenced, heated arguments broke out between the farmers and the Bank officials, which ensued in a minor scuffle. The Bank staff of Hunsur and Bilikere branches…

Mysuru: Mysuru- Chamarajanagar District Central Co-operative Bank (MCDCC) President S. Chandrasekahar has demanded suspension of the Bank’s Managing Director (MD) D.B. Lingannaiah for transfer of Bank staff from Hunsur, Bilikere, Periyapatna and Bettadapura branches. In a press release, Chandrasekhar took strong exception to Lingannaiah’s statements that the Bank President was trying to protect Hunsur Branch’s…

Mysuru: The Joint Registrar of Co-operative Societies Court on Friday, stayed the relievement of MCDCC Bank Managing Director Lingannaiah from the post. Lingannaiah, as MCDCC Bank MD, had unearthed a huge misappropriation of funds scam involving crores of rupees in Bilikere and Hunsur branches of MCDCC. Following reports on the scam, the MCDCC discussed the…

Mysuru:  More skeletons are tumbling out of closets in the alleged scam at Mysuru-Chamarajanagar District Central Co-operative Bank’s (MCDCC) Hunsur Branch where the Manager, Ramappa Poojar, has been accused of swindling and diverting crores of rupees of public money into his private Bank accounts. It has come to light that though Poojar has withdrawn a…

Mysuru: The 63rd Annual General Meeting of Mysuru and Chamarajanagar District Co-operative Central Bank (MCDCC) Limited will be held on Sept. 15 from 11 am at MMC&RI Platinum Jubilee Auditorium, JK Grounds, according to a press release from MCDCC Bank CEO.