{"id":6892,"date":"2025-10-05T07:17:29","date_gmt":"2025-10-05T07:17:29","guid":{"rendered":"https:\/\/theeaglenews.co.in\/?p=6892"},"modified":"2025-10-05T07:17:29","modified_gmt":"2025-10-05T07:17:29","slug":"ravikant-vaidya-re-elected-as-chairman-of-mandi-urban-bank-for-third-consecutive-term","status":"publish","type":"post","link":"https:\/\/theeaglenews.co.in\/?p=6892","title":{"rendered":"Ravikant Vaidya Re-Elected as Chairman of Mandi Urban Bank for Third Consecutive Term.\u00a0"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><h1><strong>Ravikant Vaidya Re-Elected as Chairman of Mandi Urban Bank for Third Consecutive Term.\u00a0<\/strong><\/h1>\n<p>&nbsp;<\/p>\n<p><strong>Shimla:<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Ravikant Vaidya has been re-elected as the Chairman of Mandi Urban Co-operative Bank Limited for a third consecutive five-year term. Established in 1958 by renowned freedom fighter Swami Krishnanand, popularly known as the \u201cGandhi of Sindh,\u201d the bank was founded with the objective of eliminating exploitative moneylending practices.<\/p>\n<p>Following his unanimous election by the board of directors, Vaidya addressed the media and shared his vision to elevate the bank to new heights. \u201cMy only goal is to take this bank to greater heights and ensure modern, customer-friendly services,\u201d he stated.<\/p>\n<p>The bank, which currently has approximately 3,770 shareholders, conducted its internal elections through nine zones. The newly elected directors\u2014Dr. Pushp Vaidya, Priyavrat Vaidya, Harish Prakash, Chander Shekhar Vaidya, Dipender Kumar, Ravikant Vaidya, Shiv Lal Sharma, Ravikant Duggal, and Hans Raj\u2014unanimously chose Vaidya as Chairman. Two additional professional members are yet to be nominated to the board.<\/p>\n<p>Vaidya revealed plans to shift the bank to a new, long-pending premises that had been lying unused since 2004. Approval for the finishing work has already been secured from the Reserve Bank of India, and the bank is awaiting final clearance from the Cooperative Department. The new facility will offer modern amenities including lockers and ATM services.<\/p>\n<p>Reflecting on the bank\u2019s journey, Vaidya said, \u201cThe bank has seen many ups and downs over the past two decades. However, the situation is now stabilizing.\u201d He also noted that the bank currently holds Rs. 31 crore in deposits, has disbursed Rs. 9 crore in loans, and maintains Rs. 28 crore in securities with other banks and government entities.<\/p>\n<p>Looking ahead, the new board will work to expand the bank\u2019s operational radius, which had been limited to 10 kilometers by RBI guidelines in recent years. Efforts will be made to restore its earlier district- or state-level operational range.<\/p>\n<p>Vaidya\u2019s re-election was celebrated by his supporters, who honored him with garlands and warm congratulations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ravikant Vaidya Re-Elected as Chairman of Mandi Urban Bank for Third Consecutive Term.\u00a0 &nbsp; Shimla: &nbsp; Ravikant Vaidya has been re-elected as the Chairman of [&hellip;]<\/p>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" data-url=https:\/\/theeaglenews.co.in\/?p=6892><\/div>\n","protected":false},"author":1,"featured_media":6893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,3],"tags":[1699],"class_list":["post-6892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-himachal-news","category-latest-news","tag-ravikantvaidya-mandiurbanbank-cooperativebanking-bankingleadership-swamikrishnanandlegacy-financialinclusion-himachalbanking-ruralbanking-bankmodernization-chairmanreelected"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ravikant Vaidya Re-Elected as Chairman of Mandi Urban Bank for Third Consecutive Term.\u00a0 - The Eagle News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theeaglenews.co.in\/?p=6892\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ravikant Vaidya Re-Elected as Chairman of Mandi Urban Bank for Third Consecutive Term.\u00a0 - The Eagle News\" \/>\n<meta property=\"og:description\" content=\"Ravikant Vaidya Re-Elected as Chairman of Mandi Urban Bank for Third Consecutive Term.\u00a0 &nbsp; Shimla: &nbsp; Ravikant Vaidya has been re-elected as the Chairman of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/theeaglenews.co.in\/?p=6892\" \/>\n<meta property=\"og:site_name\" content=\"The Eagle News\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-05T07:17:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/theeaglenews.co.in\/wp-content\/uploads\/2025\/10\/Ravi-Kant-MUCB-chairman-1-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/theeaglenews.co.in\/?p=6892\",\"url\":\"https:\/\/theeaglenews.co.in\/?p=6892\",\"name\":\"Ravikant Vaidya Re-Elected as Chairman of Mandi Urban Bank for Third Consecutive Term.\u00a0 - The Eagle News\",\"isPartOf\":{\"@id\":\"https:\/\/theeaglenews.co.in\/#website\"},\"datePublished\":\"2025-10-05T07:17:29+00:00\",\"dateModified\":\"2025-10-05T07:17:29+00:00\",\"author\":{\"@id\":\"https:\/\/theeaglenews.co.in\/#\/schema\/person\/836b23196d8cf2a3340a0b6adb2d2cf4\"},\"breadcrumb\":{\"@id\":\"https:\/\/theeaglenews.co.in\/?p=6892#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/theeaglenews.co.in\/?p=6892\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/theeaglenews.co.in\/?p=6892#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/theeaglenews.co.in\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ravikant Vaidya Re-Elected as Chairman of Mandi Urban Bank for Third Consecutive Term.\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/theeaglenews.co.in\/#website\",\"url\":\"https:\/\/theeaglenews.co.in\/\",\"name\":\"The Eagle News\",\"description\":\"Eagle News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/theeaglenews.co.in\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/theeaglenews.co.in\/#\/schema\/person\/836b23196d8cf2a3340a0b6adb2d2cf4\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/theeaglenews.co.in\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b3813785621535057fd2f3870ecafe9dc3e7307140c68da3e0427080f45c50e6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b3813785621535057fd2f3870ecafe9dc3e7307140c68da3e0427080f45c50e6?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\/\/theeaglenews.in\"],\"url\":\"https:\/\/theeaglenews.co.in\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ravikant Vaidya Re-Elected as Chairman of Mandi Urban Bank for Third Consecutive Term.\u00a0 - The Eagle News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/theeaglenews.co.in\/?p=6892","og_locale":"en_US","og_type":"article","og_title":"Ravikant Vaidya Re-Elected as Chairman of Mandi Urban Bank for Third Consecutive Term.\u00a0 - The Eagle News","og_description":"Ravikant Vaidya Re-Elected as Chairman of Mandi Urban Bank for Third Consecutive Term.\u00a0 &nbsp; Shimla: &nbsp; Ravikant Vaidya has been re-elected as the Chairman of [&hellip;]","og_url":"https:\/\/theeaglenews.co.in\/?p=6892","og_site_name":"The Eagle News","article_published_time":"2025-10-05T07:17:29+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/theeaglenews.co.in\/wp-content\/uploads\/2025\/10\/Ravi-Kant-MUCB-chairman-1-scaled.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/theeaglenews.co.in\/?p=6892","url":"https:\/\/theeaglenews.co.in\/?p=6892","name":"Ravikant Vaidya Re-Elected as Chairman of Mandi Urban Bank for Third Consecutive Term.\u00a0 - The Eagle News","isPartOf":{"@id":"https:\/\/theeaglenews.co.in\/#website"},"datePublished":"2025-10-05T07:17:29+00:00","dateModified":"2025-10-05T07:17:29+00:00","author":{"@id":"https:\/\/theeaglenews.co.in\/#\/schema\/person\/836b23196d8cf2a3340a0b6adb2d2cf4"},"breadcrumb":{"@id":"https:\/\/theeaglenews.co.in\/?p=6892#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/theeaglenews.co.in\/?p=6892"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/theeaglenews.co.in\/?p=6892#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/theeaglenews.co.in\/"},{"@type":"ListItem","position":2,"name":"Ravikant Vaidya Re-Elected as Chairman of Mandi Urban Bank for Third Consecutive Term.\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/theeaglenews.co.in\/#website","url":"https:\/\/theeaglenews.co.in\/","name":"The Eagle News","description":"Eagle News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/theeaglenews.co.in\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/theeaglenews.co.in\/#\/schema\/person\/836b23196d8cf2a3340a0b6adb2d2cf4","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/theeaglenews.co.in\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b3813785621535057fd2f3870ecafe9dc3e7307140c68da3e0427080f45c50e6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b3813785621535057fd2f3870ecafe9dc3e7307140c68da3e0427080f45c50e6?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/theeaglenews.in"],"url":"https:\/\/theeaglenews.co.in\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/6892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6892"}],"version-history":[{"count":1,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/6892\/revisions"}],"predecessor-version":[{"id":6894,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/6892\/revisions\/6894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/media\/6893"}],"wp:attachment":[{"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}