Janata Sahakari Bank Ltd., Pune (JSBL) has selected Tata Consultancy Services’ TCS BaNCS™ Global Banking Platform to modernize its core and digital banking infrastructure.
Advanced technology stacks are rapidly becoming essential for banks and financial institutions. With TCS, the Janata Sahakari Bank aims to unify critical banking functions, including core banking, payments, trade finance, and compliance, onto one single, integrated platform.
In practical terms, the platform will deliver an omnichannel experience across web, mobile, and branch touchpoints, enabling real-time processing, digital interactions, and enhanced regulatory compliance.
The platform is also expected to strengthen risk controls and the Reserve Bank of India’s guidelines on digital banking, cybersecurity, and credit risk management.
Jagdish P. Kashyap, CEO, JSBL Pune, said, “By partnering with TCS BaNCS for our digital core transformation, we are taking a significant step forward in providing seamless and customer-centric banking services. This transformation will empower our customers with faster, more intuitive digital solutions, ensuring that their needs remain at the heart of everything we do.”
Venkateshwaran Srinivasan, Global Head, Financial Solutions, TCS, said, “We are delighted at this partnership with Janata Sahakari Bank and extend our commitment to providing modern and secure banking solutions to the urban co-operative banking sector in India. We are happy to bring to JSB a future ready solution which incorporates some of the unique needs of this segment while also bringing in the best global practices and processes to help enhance JSBL’s position in the market with respect to customer experience, regulatory compliance and product innovation.”
A successful deployment can serve as a roadmap for similar institutions seeking to reduce operational friction and accelerate digital adoption.
Source: TCS
About Janata Sahakari Bank Ltd., Pune (JSBL)
Janata Sahakari Bank Ltd., Pune is a multi-state, scheduled Bank, operating through a network of 71 branches in the states of Maharashtra and Gujarat in India. The Bank has continuously focused on helping economically weaker segments, carving a strong position as a Bank for the masses.
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