Bank has set up, it’s full-fledged Treasury Department for Investment and Trading in various Financial Instruments. Bank has developed the skills in participating in RBI auctions held for Central Government securities, State Development Loans, Treasury Bills etc., Bank has been actively trading in all type of Financial Instruments.
Bank has also developed its counterparty clients viz. like Nationalised Banks, Foreign Banks, Scheduled and Primary Urban Cooperative Banks, Mutual Funds, Insurance Companies, P. F. Trusts etc., and has been catering to the needs of SLR requirements of small Primary Urban Cooperative Banks at most competitive market related rates. Bank has made its notable presence in Financial Market.
In anticipation of increased activities in financial market, Bank has already applied to Reserve Bank Of India to have its own screen based trading system called NDS System. Bank has also applied for membership of Indian Financial Network. By this way Bank will get connected through NDS System to various financial entities over INFINET. This will enable the Bank to undertake Screen Based, all types of financial transactions like buying and selling of Government Securities, Lending and borrowing operations in CBLO and REPO Transactions, Direct participation in RBI Auctions, Fund Transfer by NEFT and RTGS. The main focus of this is to increase the quick and efficient services to our clients and customers.