RSB taps TCS BaNCS to modernise treasury operations

By Vriti Gothi

Tata Consultancy Services (TCS) has expanded its long-standing partnership with Rajarambapu Sahakari Bank (RSB) with the deployment of TCS BaNCS for Treasury, as the urban co-operative bank moves to automate and modernise its treasury operations.

RSB, which already operates on the TCS BaNCS Global Banking Platform across its 50 branches, will integrate the treasury solution to streamline the management of investments, money market activities, and repo and reverse repo transactions. The move reflects a broader push among India’s co-operative banks to strengthen back-office efficiency, risk management, and regulatory compliance amid increasing operational complexity.

Under the latest phase of its digital transformation, RSB aims to consolidate treasury activities on a single platform, reduce manual processes, and improve straight-through processing (STP). The system is also expected to support the bank’s plans to expand into additional asset classes such as corporate bonds and debentures, while providing real-time position keeping and advanced risk analytics.

“The selection of TCS BaNCS for Treasury is a logical next step in modernising our technology, complementing the front-end services we offer our customers through our digital core banking solution,” said Pradip Nivrutti Babar, Managing Director of Rajarambapu Sahakari Bank.

TCS said the deployment underscores its focus on India’s co-operative banking sector, which serves a large semi-urban and rural customer base and plays a key role in financial inclusion. “This comprehensive, modern, and highly adaptable solution is designed to enhance agility, significantly increase automation, manage risk effectively, and optimise overall treasury operations for the bank,” said Venkateshwaran Srinivasan, Global Head, Financial Solutions at TCS.

The announcement comes as co-operative and regional banks in India accelerate investments in core and treasury systems to meet evolving regulatory requirements and compete more effectively with larger commercial banks. By extending its partnership with TCS, RSB is positioning itself to scale its treasury operations while maintaining compliance and operational control in a more digitised banking environment.