Chairman's Note

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C. Nandagopal Menon
Chairman, TJSB
22.04.2016

Dear Members,

TJSB has been gaining solid ground in the competitive banking business environment. The 45 year young bank is all set to cross and venture into unexplored frontiers. The foundations of the bank have been laid on strong moral values, and at TJSB we strive to enrich them with our business policies. TJSB was founded as Thane Janata Sahakari Bank in Thane city and today it has already made a mark in Maharashtra, Goa, Karnataka, Gujarat and is looking forward to embed its footprint in Madhya Pradesh as well.

The bank is also extending its Core Banking Solutions (CBS) capabilities to provide platform and support to other small banks. The bank has been disbursing 1% of its net profit for social causes under its Corporate Social Responsibility (CSR) Policy. In addition, TJSB has consistently surpassed the set targets with panache. TJSB has drafted Vision 2017, wherein the Bank has a goal of achieving 9350 crores in deposits and 5650 crores in advances, in addition to 133 branches and net profit of above 100 crores.

Apart from introducing technology initiatives like ‘Mobile Banking’, we also support financial inclusion by introducing the various schemes floated by the Government of India under the Pradhan Mantri Jan Dhan Yojana which is a National Mission for Financial Inclusion to ensure access to financial services, namely Banking Savings & Deposit Accounts, Remittance, Loans & Advances, Insurance, Pension in an affordable manner and the Pradhan Mantri Mudra Yojana for development and refinancing activities relating to micro units.

Thus it is our earnest endeavour to make TJSB as the ‘Most Favoured’ brand in banking, trusted by everyone.

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