Maharashtra Chief Minister Prithviraj Chavan on Tuesday asserted that there was no political reason for the dissolution of the board of Maharashtra State Cooperative Bank.
“The decision to dissolve the board of the bank was taken by the Reserve Bank. Our interest is that the bank should not go into liquidation,” he said.
The board of MSCB controlled by Sharad Pawar’s NCP was recently dissolved by the RBI based on a report prepared by NABARD, which pointed out various irregularities in the bank.
Meanwhile, referring to restarting air connectivity between Mumbai and Kolhapur, and Solapur, he said one private airline company has shown interest in resuming air services to both the cities, but there was problem of congestion at the Mumbai airport, which needs to be attended first.
Courtsey:PTI