PROFILE OF THE COMPANY

Name of the Company

THE TAMIL NADU STATE APEX COOPERATIVE BANK LTD. CHENNAI

Registered Office

233, Netaji Subhash Chandra Bose Road, Chennai 600 001. Phone Fax : 2530 2300, 2530 2323. : 044-25340508.

Customer Care: 25302354. Email : tnscbank@vsnl.com Project Location 1, VI Cross Street, Besant Nagar Chennai - 600 090. November 26, 1905

Date of Incorporation

Constitution

Public Limited Bank

Listed/Unlisted

Listed

The Mission of the Bank is to mobilise resources, provide banking products and other professionalised services to the people, strengthen the affiliates, provide vibrant leadership to the co-operative banking system, achieve sustained growth and ultimately to attain prime position in the banking industry. The Tamil Nadu State Apex Co-operative Bank Ltd., commenced its business during November 1905 as an Urban Co-operative Bank (UCBs). It was subsequently changed into a District Central Coop. Bank during July 1920. At present, the Bank is functioning at Chennai with 46 branches, an Extension Counter and Head Office TNSC Bank is guiding the District Central Cooperative Banks (DCCBs) / Primary Agricultural Cooperative Banks (PACs) in their functioning and it is playing a major role in the cooperation movement of Tamil Nadu. Tamil Nadu State Co-operative Bank was formed in the year in which the cooperation movement of Tamil Nadu was formed. As such, the Bank has been serving the people of Tamil Nadu for a centenary for their economic development. As far as Indian cooperation movement is concerned, the Bank has commenced its business from the very next year of the formation of cooperation movement in India. TNSC Bank is the first ever State Cooperation Bank having the credit of celebrating the centenary year. Co-operative banks are a group of financial institutions organized under the provisions of the Co-operative societies Act of the states. The main objective of co-operative banks is to provide cheap credits to their members. They are based on the principle of self-reliance and mutual co-operation. Co-operative banking system in India has the shape of a pyramid a three tier structure, constituted by:

The financial growth of the Bank is in a commendable position. They are as follows.
SHARE CAPTIAL

a) Authorised Share Capital

Rs.100.00 crores

b) Share capital held by DCCBs

Rs.53.22 crores

c)

By State Government

Rs. 0.26 crores

Total

Rs.53.48 crores

RESERVE FUND AND OTHER RESERVES

(Rs. In crores) S.No 1. 2. 3. Particulars Reserve Fund ACS Fund Other Reserve Total 31.03.2008 171.40 104.32 446.59 722.31 31.03.2009 175.26 109.73 421.41 706.40

PRIMARY COOPERATIVES DEVELOPMENT FUND (PCDF) In addition to the grant of financial assistance to the DCCBs and PACBs from out of the profit every year, the Bank is also contributing 5% of the net profit every year to the Primary Coop. Development Fund (PCDF) created in our state. The DCCBs who are making profits are also making contributions at the same rate every year. From out of the above Fund, the PACBs are being helped to purchase jewel safe boxes, putting up modern counters and construction of bank buildings. "Cooperation among Cooperatives" and "Cooperative Education" are two important principles of Cooperation. In order to uphold these principles, every coop. institution has been contributing 5% of its net profits to the "Coop. Research and Development Fund" and "Cooperative Education Fund" maintained by Tamil Nadu Cooperative Union. For these Funds, the TNSC Bank has been contributing 5% of its net profit every year.

AWARDS TO DCCBs / PACBs In order to create a healthy competition among the CCBs, the Bank has been implementing Best Performance Award Scheme from the year 1990-91 based on their performances. A Committee under the Chairmanship of the Secretary to the Government, Cooperation Department of Government of Tamil Nadu, will select the Best Performing Bank. Under the Scheme of Development Action Plan implemented under the aegis of NABARD, one PACB from each DCCB's jurisdiction will be selected based on the performance and will be awarded every year. The Scheme was introduced during the year 1994-95.

AGRICULTURAL COOPERATIVE STAFF TRAINING INSTITUTE (ACSTI) The Apex Bank has established a Training Institute at Madhavaram, Chennai, with a financial assistance extended by National Co-op. Development Corporation (NCDC). The ACSTI, manned by Faculties from the Apex Bank, is providing training to employees of Apex Bank, DCCBs, PACBs and Urban Coop. Banks on all banking related subjects. The ACSTI trained 27,649 persons of SCB, DCCBs, PACBs, Urban Co-op. Banks upto 31.03.2006.

PROFIT The Bank has been making profit continuously since its inception and for the year 2005-2006 the Bank has earned a profit of Rs.28.02 crores. This is 10.40% higher than the profit reported for 2004-2005.

AWARDS FROM NABARD / NAFSCOB The Bank has been bagging the awards of NAFSCOB and NABARD every year on account of its exemplary performance among the State Coop. Banks in the country. The details are as follows: NAFSCOB Awards

Year 1985-86 1986-87 1987-88 1988-89 1989-90 1990-91 1991-92 1992-93 1993-94 1995-96 1996-97 1996-97 1997-98 1999-2000 2000-2001 2001-2002 2001-2002 2003-2004

Performance Overall Best Performance Overall Best Performance Overall Best Performance Overall Best Performance Social Goals Development Overall Best Performance Overall Best Performance Social Goals Development Operational Effiecency Overall Best Performance Overall Best Performance All India Mutual Arrangement Scheme All India Mutual Arrangement Scheme All India Mutual Arrangement Scheme Overall Best Performance Overall Best Performance All India Mutual Arrangement Scheme All India Mutual Arrangement Scheme

Prize Third Second Third Second Special Award Second First Special Award Special Award First First First First First First Second Special Best Performance

NABARD Awards Year 1995-96 1998-99 Performance Overall Best Performance Overall Best Performance Prize Second Second First

2000-2001 Overall Best Performance

The NABARD has also honoured the Bank by giving a Special Award for Self-Help Group Linkage Programme through Coop. Banks in Tamil Nadu during 2002-2003.

MANAGEMENT The affairs of the Bank is being managed by Thiru. K.M. Thamizharasan, Additional Registrar of Cooperative Societies, who is holding the post of Special Officer (Board of Management) from 27.2.2008.