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Maharashtra govt reserves 70 per cent jobs in district cooperative banks for locals

Updated on: 03 November,2025 10:54 AM IST  |  Mumbai
mid-day online correspondent |

The government has also decided that all future recruitments in DCCBs across the state be conducted only through the Institute of Banking Personnel Selection (IBPS), TCS-iON (Tata Consultancy Services), or Maharashtra Knowledge Corporation Ltd (MKCL) to ensure transparency and fairness in the process

Maharashtra govt reserves 70 per cent jobs in district cooperative banks for locals

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In a move aimed at encouraging local employment, the Maharashtra government has directed that 70 per cent of jobs in District Central Cooperative Banks (DCCBs) be reserved for candidates domiciled in the respective districts, reported news agency PTI.

The government has also decided that all future recruitments in DCCBs across the state be conducted only through the Institute of Banking Personnel Selection (IBPS), TCS-iON (Tata Consultancy Services), or Maharashtra Knowledge Corporation Ltd (MKCL) to ensure transparency and fairness in the process.


A government resolution (GR) issued on October 31 said "70 per cent of the posts should be reserved for domicile candidates of the respective districts", while the remaining 30 per cent will be open to candidates from outside the district, reported PTI.



If suitable out-of-district candidates are not available, those posts may also be filled by local candidates.

As per the GR, the directive applies even to the banks that have issued recruitment advertisements before this order.

The GR said online recruitment will ensure transparency and boost public confidence.

The decision follows complaints received against certain agencies previously empanelled by the Commissioner and Registrar of Cooperative Societies, Pune, for conducting online recruitment for cooperative banks, reported PTI.

Consequently, the state government scrapped the existing panel of seven authorised recruitment agencies.

According to the GR, DCCBs must now conduct their recruitment exclusively through one of the three approved institutions using the online process.

Once a recruitment agency is selected, the work cannot be subcontracted to any other organisation.

Maharashtra govt to take final decision on farm loan waiver: Ajit Pawar stresses fiscal discipline among farmers

Meanwhile, Maharashtra Deputy Chief Minister Ajit Pawar has said the state government will take a final decision on the proposed farm loan waiver by June 30, 2026.

Speaking at an event organised by the Chatrapati Sugar Cooperative Factory in Baramati, Pawar said the government had honoured its manifesto promise but added that such waivers would not be repeated frequently. The state deputy Minister emphasised the need for financial discipline among farmers.

"There was also a discussion about the loan waiver. A loan waiver will happen, but it will be decided on 30 June 2026, because after the new financial year begins, the government will come under a very heavy additional burden. All of us have discussed this... In a late-night meeting, I, Chief Minister Devendra Fadnavis, Eknath Shinde, Agriculture Minister Dattatray Bharne, Bachchu Kadu and other leaders were present. Since we had promised this in our manifesto, it is being done, but it will not happen again and again. You also need to maintain financial discipline. In our PDCC Bank, those who complete their loan repayment are given loans at zero interest, so your situation is better compared to others. This should also be kept in mind. We do not want to do politics on this," Pawar said.

(With inputs from PTI)

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