APCOB renamed as TSCAB

Hyderabad: All the Andhra Pradesh State Co-operative Banks (APCOB) have been reorganised and reconstituted into Telangana State Co-operative Apex Bank Limited for Telangana and residual APCOB for AP State. The bank has started its operations with Dr Nethi Muralidhar, as its Managing Director, here at the bank’s head office in Troop Bazar in Hyderabad on Thursday. All the 35 branches in the twin-cities of Hyderabad and Secunderabad will now function under the name of TSCAB. All the nine District Central Co-operative Banks (DCCBs) of Telangana State are now affiliated to TSCAB.