YDCC Bank in Yavatmal faces financial crisis following leadership change

Sanjay Deshmukh was elected unopposed as chairperson of YDCC Bank in Yavatmal on November 1, 2026, marking a political shift in the cooperative sector. The new board, backed by the Mahayuti alliance, faces the task of restoring the bank's financial health and rebuilding its lending capacity. The bank is currently grappling with a 54% Non-Performing Asset (NPA), equating to approximately Rs 550 crore in outstanding bad loans.

YDCC Bank traditionally serves as a major source of agricultural credit for farmers in Yavatmal. The bank's financial difficulties have hindered its ability to provide timely credit, which is particularly critical for farmers facing drought conditions in the district.