Dharamsala: Kangra Central Cooperative Bank (KCCB) has become the third cooperative bank in the country and the first in North India, to have its own Indian Financial System Code (IFSC).
KCCB has been allotted IFS code by Reserve Bank of India, Sandeep Kumar MD of the bank stated. Other two cooperative banks having IFSC standing are are Maharashtra State Co-Op Bank and Bombay Central Co-Op Bank.
He added, “now all KCCB customers can use their ATM cards anywhere in India. Our bank has also started giving services of RTGS and NEFT.”
Sandeep further said that all of its branches across 6 districts of the state have already been enrolled to Core Banking System CBS.
The 90 years old bank has Rs 8400 crore as working capital.