Nethi Muralidhar has taken over as the first Managing Director of Telangana State Co-operative Apex Bank Ltd (TSCAB), reports Business Line. The bank, formed by the reorganisation of A P State Co-op Bank (APCOB) in view of the bifurcation of Andhra Pradesh, started operations from April 2, 2015.
All the 35 branches in the twin cities of Hyderabad and Secunderabad are now functioning in the name of TSCAB and nine DCCBs of the state are affiliated to it.
“We pledge our commitment to ‘Bangaru Telangana’ and assure that there will not be any change in the services/facilities that are earlier provided to the customers of residual APCOB, except the change in the name of the bank in Telangana as TSCAB,’’ the bank said in a release.