Dyaneshwar Agashe,the former director of the Suvarna Co-operative Bank,was cremated at around 11 am on Sunday at the Vaikunth crematorium.
His sons Mandar and Ashutosh Agashe along with their families were present.
His body was brought to his home in Shaniwar Peth from where it was taken to the Suvarna bank branch in Shaniwar Peth before cremation.
MP Suresh Kalmadi,Ashok Mohol,Abhay Chhajjed,Kamal-Dhole Patil,Ulhas-Dhole Patil attended the funeral. A condolence meet is organised on Tuesday at the PYC Gymkhana.