Janata Sahakari Bank Pune (JSBL Pune) has chosen the TCS BaNCS™ Global Banking Platform to modernise its core and digital banking systems, reinforcing its focus on innovation, operational excellence, and customer-centric service delivery.
Under the agreement, Tata Consultancy Services will deploy its comprehensive banking suite to create a unified omnichannel experience for customers across digital and physical channels. The modernised platform will enable faster time to market, improved scalability, and a robust digital ecosystem.
JSBL Pune’s transformation will include implementation of core banking, payments, trade finance, and AML/KYC compliance capabilities through the TCS BaNCS platform. The bank aims to drive growth, improve credit quality and risk management, and enhance enterprise performance while expanding its reach in the competitive banking landscape.
The new platform will also help the bank meet regulatory and supervisory requirements issued by the Reserve Bank of India, particularly in areas such as cybersecurity, digital banking governance, customer protection, and credit risk oversight.
Established in 1949 with roots in social welfare and the co-operative movement, JSBL Pune is among the prominent urban co-operative banks in India, with operations spread across the country. It offers savings and deposit products, loans, credit facilities, and digital services to individuals and businesses in urban and semi-urban regions.
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 digital ecosystem will enable digital onboarding, self-service portals, and faster account opening processes, while improving service accuracy and speed. API-led scalability will ensure the bank remains responsive to evolving market trends.
The bank will also move to digitised trade finance operations, benefiting from real-time processing, integrated risk management, and advanced compliance monitoring and reporting.
