TCS will deploy its award-winning banking product suite to provide a modern, integrated, and scalable banking platform enabling faster time to market, enhanced customer experience, and build an extensive digital ecosystem
PUNE | MUMBAI, February 02, 2026: Janata Sahakari Bank Pune (JSBL., Pune) has selected the TCS BaNCS™ Global Banking Platform to modernize its core and digital banking landscape, enhance efficiencies and provide a superior experience to its customers. Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, will create a seamless, omnichannel banking experience for the Bank’s customers across web, mobile, and offline touchpoints, supported by TCS BaNCS’ modernized core and digital channels.
Empowered by the TCS BaNCS Global Banking Platform, JSBL Pune will initiate a strategic transformation towards a new-age core and digital banking solution that includes core banking, payments, trade finance, and AML/KYC-related compliance capabilities. It aims to accelerate growth, enhance omnichannel customer experiences, and expand its footprint in the market, while improving enterprise performance, credit quality and risk controls. Additionally, this transformation will enable the Bank to comply with the evolving regulations and guidelines stipulated by the Reserve Bank of India related to a wide range of topics like credit risks, digital banking, cybersecurity and customer protection.
Established on October 18, in 1949, with a focus on social welfare and Pune co-operatives, JSBL Pune is one of the leading banks in the co-operative banking sector in India and with a wide footprint across the country. Like other urban Indian co-operative Banks, JSBL Pune offers customer-centric financial services such as savings accounts, innovative depository services, line of credits & loans along with digital services to local and semi-urban businesses and individuals. The Bank stands at forefront of transforming its services using digital technology and offering new products and services to its customers.
Jagdish P. Kashyap, CEO, JSBL Pune, said, “At Janata Sahakari Bank, our commitment has always been to deliver superior banking experiences to our customers, while serving their specific financial needs. By partnering with TCS BaNCS for our digital core transformation, we are taking a significant step forward in providing seamless, innovative, 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.”
The enhanced ecosystem supported by TCS will enable digital onboarding and self-service portals that will streamline account opening processes. It will also enhance service accuracy and speed, while granting access to innovative products. Scalable API-driven solutions will help efficiently meet evolving market developments, ensuring that customers always have access to advanced banking services.
Furthermore, the Bank will be able to transition to digitized trade finance operations, benefiting from real-time processing, integrated risk management, and sophisticated compliance monitoring and reporting practices.
The TCS BaNCS Global Banking Platform, available on-premise and on the cloud, helps banks and financial institutions offer innovative products and services to customers throughout their life journeys, based on their anticipated requirements and over the devices of their choice. The solution’s future-ready, digital core can accelerate the transformation of co-operative banks, powering their ambition to play in the larger ecosystem through a rich catalogue of APIs.
For nearly six decades, TCS has played a pivotal role in driving India’s tech revolution, executing several nation-building programs, creating digital public infrastructure, transforming citizen services, and touching millions of lives. Banking and financial services companies in India and all over the world rely on TCS offerings. TCS works with several government ministries as a trusted partner. TCS serves millions of Indians through banking solutions and helps underserved and rural communities through government programs promoting financial independence. From digitally enabling India’s leading stock exchanges, working with major financial institutions, to enhancing passport issuance systems, health insurance, pensions for defence personnel, and more, TCS delivers high-touch citizen-centric services to the last mile.
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. Over the past 75 years, it has proven itself as a technology driven entity with an emphasis on customer delight.
It caters to the needs of rural, semi-urban, urban and metro city customers by understanding their specific requirements and providing customized solutions. It stands out for being the first bank in India to merge with another co-operative bank; the first depository participant in the co-operative banking segment; and one of the first to lead with technology as an enabler.
Please visit Jsblpune.bank.in for more information.
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence and customer service.
Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce of over 580,000 employees spread across 55 countries and 202 service delivery centers across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long term partnerships with its clients – helping them emerge as perpetually adaptive enterprises. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to Artificial Intelligence today.
TCS sponsors 14 of the world’s most prestigious marathons and endurance events, including the TCS New York City Marathon, TCS London Marathon and TCS Sydney Marathon with a focus on promoting health, sustainability, and community empowerment.
TCS generated consolidated revenues of over US $30 billion in the fiscal year ended March 31, 2025. For more information, visit www.tcs.com