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TNSC Bank
Company type
Cooperative
Industry
Banking
Founded
23 November 1905; 118 years ago (1905-11-23)
Headquarters
Chennai, Tamil Nadu, India
Area served
Chennai, Tamil Nadu, India
Key people
R. Elangovan (Chairman)[1]
M. Antonysamy John Peter (Managing Director)[2]
Number of employees
558 (2012)[3]
Website
TNSCBank.com
The Tamil Nadu State Apex Co-operative Bank, also known as TNSC Bank, is an Indian cooperative banking company headquartered in Chennai. It was incorporated in 1905 as an urban cooperative bank. As of 2015, TNSC Bank had 46 branches in Chennai.[4] TNSC Bank coordinates India's entire short-term cooperative credit structure.
TNSC Bank is India's first state cooperative bank. TNSC Bank received a license of the Reserve Bank of India to offer banking services.[5] TNSC Bank is a Scheduled Co-operative Bank, listed under the Second Schedule of RBI Act. TNSC Bank is a member of the Deposit Insurance and Credit Guarantee Corporation (DICGC) and is an insured cooperative bank as per the DICGC Act. TNSC Bank's capital is shared by the Government of Tamil Nadu.[5]
^"Chairmen of the Bank".
^"Executives of the Bank".
^"ORIGIN AND GROWTH OF THE TAMIL NADU STATE APEX CO-OPERATIVE BANK LIMITED" (PDF). shodhganga.inflibnet.ac.in. Retrieved 14 April 2021.
^"Growth of the Bank". TNSC Bank. Retrieved 17 June 2015.
^ ab"Growth of the Bank". TNSC BANK. 2 April 2014. Retrieved 15 June 2020.
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