NAFSCOB constitutes Advisory Committee
NAFSCOB president Konduru Ravinder Rao has formed a Standing Advisory Committee on Short Term Cooperative Credit Structure (STCCS), in which several ace co-operators have been nominated as members, reports Telangana Today.
Headed by NAFSCOB president Konduru Ravinder Rao as its chairman, other members include Dileep Singhani, Chandrapal Singh, Sunil Kumar Singh and N Muralidhar, TSCAB managing director. P Mohanaiah, Retired CGM of NABARD has been made the member secretary.
STCCS will function as a ‘think-tank’ that is a body of experts to study the issues which may have bearing on the working of STCCS. It will oversee implementation of the Banking Regulation Act-2020. The committee will meet at three month intervals.
TSCAB Chooses Aruba s SD-Branch Solution for Seamless Business Connectivity and Services
Wednesday, April 14, 2021 12:25PM IST (6:55AM GMT)
Enabling seamless and secure banking experience through high-performance network architecture
Hyderabad, Telangana, India: Aruba, a Hewlett Packard Enterprise company, today announced that Telangana State Co-Operative Apex Bank (TSCAB), a state cooperative bank committed to rural and agriculture development across Telangana state, is implementing Aruba’s Software-Defined Branch (SD-Branch) solution to enable seamless core banking applications access. This enables centralised branch management, monitoring and troubleshooting of gateways and network switches across its 413 branch offices and data centres. The entire solution will be monitored, managed, and orchestrated using Aruba Central, a cloud-native service designed to unify the management of campus, branch, remote and da
Hansindia.com quotes Nabard Telangana region office GM Y Krishna Rao saying with the launching of white, blue, pink and green revolutions, the newly formed state has taken a crucial step towards its transformation into ” golden state”.
Rao said Nabard is committed to supporting the growth of Telangana. The Nabard GM was speaking at the Karimnagar District Cooperative Central Bank (DCCB) board meeting attended by top cooperative functionaries.
It is worth mentioning that all the 800 Primary Agriculture Cooperative Societies (PACS) in Telangana are computerized. Telangana State Cooperative Apex Bank (TSCAB) is converting PACS into MACS with the support of NABARD as well.