Tripura State Co-Operative Bank Ltd. TSCB is a bank of the people by the people and for the people of the State of Tripura

                             

 
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  The Tripura State Cooperative Bank Ltd is registered as a Cooperative Society under Tripura Cooperative Societies Act, 1974 and as amended by Tripura Cooperative societies (2nd amendment) Act, 2009 as in force having certificate of registration No. 183 on the 21st day of January, 1957.


This bank is doing the business of banking as defined in clause (b) of Sub Section (1) of Section 5 of the Banking Regulation Act, 1949.


There were only 3 branches namely Agartala Branch, Dharmanagar Branch & Udaipur Branch and one Head Office at Agartalaof this bank upto the end of 1965.


The year 1980 is marked as turning point in the functions of TSCB Ltd. From this year onwards the bank adopted commercial banking in addition to traditional agricultural financing to cooperative societies. The bank introduced a spectrum of lending schemes sited for rural and urban middle class, Small Businessmen, Industries etc. Side by side a number of attractive deposit schemes are framed and offered to public to strengthen resources of the bank. There was good response and deposits increased at accelerated rate. Lending of the bank also grew simultaneously. 24 more branches were opened since 1980.


Now, there are 64 branches including 3 Extension Counters covering the entire state of Tripura.
The Bank has constructed its multi-storeyed building on its own land at Mantribari Road, Post Office Chowmuhani, Agartala. The Head Office &Agartala Branch of the bank is in its new Building.


Tripura State Cooperative Bank Ltd is a licensed bank by Reserve Bank of India. This bank is fully CBS enabled bank. All modern banking facilities are available in this bank.


Tripura State Cooperative Bank has been rendering it’s service for the cause of the people of Tripura.
 

SHARE CAPITAL

The Share Capital Contribution by the State Government in the case of the Cooperative Credit Structure Society (the State Cooperative Bank, the Cooperative Land Development Bank and a Primary Agricultural Credit Society) shall not exceed twenty five percent of the Paid –Up Share Capital.

There are four types of Shareholder in the bank namely ‘A’ class or Govt. Share ; ‘B’class or Cooperative Societies share; ‘C’class or Individual share & Nominal share.

The Government of Tripura has contributed the Share Capital of Rs. 79153000/- out of Rs.220421600/- during the year ended on 31.03.2014.

The Government of Tripura has contributed the Share Capital of Rs. 81153000/- out of Rs.236424800/- during the year ended on 31.03.2015.

The Government of Tripura has contributed the Share Capital of Rs. 84153000/- out of Rs.253652300/-during the year ended on 31.03.2016.

The percentage of contribution of State Government to the Paid Up Capital of TSCB Ltd has been 35.90%,34.32% & 33.17% as on 31.3.2014,31.03.2015, & 31.03.2016 respectively. There has been decline of the contribution of Paid Up Capital by State Government to TSCB Ltd gradually.

Being the Apex Bank of the State, TSCB has its full commitment for the upliftment of the rural economy in the state .

 

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