Our Leading Bank, (TSCAB) of Telangana State, has taken a decision to implement ‘Core Banking Solution’(CBS) for the 9 District Cooperative Central Banks (DCCBS) with their 249 branches in the respective districts in the State, with a centralised data centre at Hyderabad, using the state of art, cutting edge, leading technology for their core banking activities, to achieve speedy service to its clientele enabling TSCAB-DCCBs in effective monitoring and management of the banking services and operations. The ‘CBS’ upon customisation, would work on a virtual single database with the capability of system administration, in respect of user administration, product creation and so on, provided to the operations of each of the DCCBs. M/s.Intellect Design Arena(Polaris Financial Technologies) is the Consultant-Cum-Software Provider (CSP) for the Project.

Bank has also taken up a new technological initiative by entering into the centralised payments system offering RTGS/NEFT services to the customers from March 2014 onwards. Further Direct Benefit Transfer(DBTL) has been implemented for providing immediate release of subsidies to our customers.