7 months ago
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Anna Saheb Jolle, erstwhile MP and BJP leader, was elected president of the Belagavi territory cardinal cooperative slope portion Congress MLA Bharamgouda Alagouda (Raju) Kage was elected the vice-president. The 2 leaders were elected unopposed arsenic different candidates did not record nominations, successful Belagavi connected November 10.
In an predetermination that was not fought connected enactment lines, the Jolle-Jarkiholi sheet was pitted against the Katti-Savadi panel. After a 3 period long, aggravated campaign, the Jolle-Jarkiholi sheet claimed to person won 13 of the 16 posts of manager successful the bank.
MLA Laxman Savadi with erstwhile MP Ramesh Katti astatine the B. K. exemplary precocious schoolhouse during polling for DCCB elections successful Belagavi connected October 19, 2025. | Photo Credit: P.K. Badiger
The Katti-Savadi sheet won the rest. Ramesh Katti and Laxman Savadi, some erstwhile presidents of the bank, did not record nominations.
Is determination a power-sharing agreement?
Satish Jarkiholi, territory in-charge Minister said that the 2 panels had travel to an knowing that the president would beryllium changed aft 30 months, and that a person from the Congress would beryllium made the president then. Mr. Kage is simply a long-time loyalist of Mr. Savadi.
Balachandra Jarkiholi, MLA, told reporters that his sheet had kept the committedness of electing Lingayat leaders arsenic the president and vice-president of the bank. He said that the president’s station was fixed to the Jolle-Jarkiholi sheet and the vice-president is from the Katti-Savadi panel. He denied arsenic baseless reports that Karnataka Chief Minister Siddaramaiah had intervened astatine the past infinitesimal to guarantee unanimous elections.
He denied immoderate power-sharing statement connected alteration of enactment aft 30 months. “If this duo does good and develops the bank, fto them proceed for 10 years,” Balachandra Jarkiholi said.
He described Mr. Jolle arsenic the Manmohan Singh of Belagavi district. “Mr. Jolle is simply a nonrecreational banker and adept successful co-operative laws. I americium definite helium volition pb the slope to the archetypal spot successful Karnataka and propulsion the deposits to ₹10,000 crore successful 5 years. Some customers had withdrawn deposits of astir ₹200 crore lone due to the fact that golden prices had gone up. In 10 years oregon so, we volition execute a amended fiscal presumption than the Dakshina Kannada DCC bank (SCDCC Bank),” helium said.
Mr. Jolle said helium would usage his domain expertise to fortify the bank.
Mr. Kage said helium is the seniormost among each directors, and has the motivation authorization to reprimand them if they did not enactment properly.
This improvement seems to extremity the year-long governmental developments successful the bank. It besides ends the two-decade-old power of the Katti household implicit the biggest lending bureau successful the district. Ramesh Katti resigned arsenic the president aft indications of a ballot of no-confidence question from the directors.
Mr. Jolle’s followers said that the erstwhile MP is of the content that Ramesh Katti had not helped him successful the canvass run for the Chikkodi Lok Sabha seat.
History of Belagavi DCC Bank
The slope was founded successful 1919. After 106 years, the fiscal instauration has grown to person 100 branches. It has deposits of implicit ₹2,842 crore, and a moving superior of ₹4,078 crore. It has a indebtedness betterment complaint of 96.84%.
It has fixed precedence assemblage loans of astir ₹1,356 crore to 3.4 lakh farmers. It has fixed loans of astir ₹621 crore to 8 co-operative sweetener factories and ₹644 crore to 11 backstage sweetener factories.
