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The Bank which already runs on the TCS BaNCSTM Global Banking Platform will deploy the treasury solution to streamline and optimize RSB’s treasury operations
MUMBAI, January 21, 2026: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, announced that Rajarambapu Sahakari Bank (RSB), a digitally-progressive urban co-operative bank in India, has selected TCS BaNCSTM for Treasury to automate its treasury operations. TCS will deploy an integrated platform to strengthen RSB’s digital ecosystem and enable efficient management of investments, money markets, repo, and reverse repo transactions. The transformation will enable the bank to become more agile and responsive to its customers’ evolving needs and strengthen its competitive edge in the financial sector.
TCS has been a growth partner to RSB for over 5 years. The Bank has fully implemented the advanced TCS BaNCS Global Banking Platform, enabling real-time processing across its 50 branches. In the next phase of its digital transformation, the bank is extending its partnership with TCS with the selection of TCS BaNCS for Treasury, a single, consolidated solution with advanced risk analytics and real-time position keeping capabilities, is aimed at enhancing its treasury business by adding more asset classes such as corporate bonds and debentures, reducing manual intervention, increasing STP (Straight-Through Processing), offering new products and aligning with regulatory compliance-related upgrades.
Pradip Nivrutti Babar, Managing Director, Rajarambapu Sahakari Bank, said, “The selection of TCS BaNCS for Treasury is a logical next step in modernizing our technology, complementing the front-end services we offer our customers through our digital core banking solution. We have a strong digital footprint across mobile banking and payments and look forward to leveraging the TCS BaNCS for Treasury product to enhance liquidity management, regulatory reporting and risk oversight, supporting our technology-led growth strategy.”
Venkateshwaran Srinivasan, Global Head, Financial Solutions, TCS, said, “We are delighted to partner with RSB to transform its treasury operations using our state-of-the-art TCS BaNCS for Treasury platform. This comprehensive, modern, and highly adaptable solution is designed to enhance agility, significantly increase automation, manage risk effectively, and optimize the overall treasury operations for the bank. India’s cooperative banking sector is a focus for us and we remain committed to transforming India’s banks with our world-class, future-ready technology solutions.”
Rajarambapu Sahakari Bank is a banker of choice to semi-urban and rural communities. It provides accessible credit, agricultural financing, and comprehensive banking services to local communities. As a forward-thinking co-operative bank, it plays a vital role in fostering local entrepreneurship at the grassroots level across the country.
For nearly six decades, TCS has played a pivotal role in shaping India’s technological transformation. Trusted by banking and financial institutions across India and around the globe, TCS delivers comprehensive solutions that empower millions of Indians. The company actively supports underserved and rural communities through government programs aimed at strengthening financial inclusion. 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 nation.
The TCS BaNCS universal financial solution is designed to help financial services institutions enhance end customer experience, enabling them to embrace open and innovative technologies that embody true digital customer engagement. Deployed at more than 450 installations worldwide, it is the largest collection of components, enterprise and consumer apps for the financial industry made available through the cloud, helping firms become more agile and intelligent by leveraging the power of new and extended ecosystems. To know more about TCS BaNCS, please visit: https://www.tcs.com/what-we-do/products-platforms/tcs-bancs.
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 580,000 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.
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