South Canara District Central Cooperative Bank president M.N. Rajendra Kumar on Thursday said that the late Molahalli Shiva Rao, who founded the bank, had been a doyen of the cooperative movement.
He was speaking at the 136th birth anniversary celebrations of Rao organised at the bank in association with Karnataka State Cooperative Federation and Dakshina Kannada District Cooperative Union here. Rao spent 58 years of his life promoting the cooperative movement and had been the president of the bank for 21 years.
