The Tamilnadu Industrial Cooperative Bank Ltd., popularly known as “TAICO Bank” is the first of its kind in the Cooperative Sector in the Country for catering the needs of Industrial Cooperatives. A unique Cooperative Bank with state wide jurisdiction, to develop the Industrial Cooperative Societies in the State of Tamilnadu.
Till 13.6.1976, the Management of the Bank was vested with the Board of Directors nominated by the Industries Commissioner and Registrar of Industrial Cooperatives and thereafter the affairs of the Bank was managed by Special Officer/Administrator in the cadre of Additional Director of Industries and Commerce (Indl.Coops) till 23.08.2013 and 21.09.2019 to 10.08.2023. The Elected Board has taken charge on 24.08.2013 F.N to 23.08.2018 and 21.09.2019 to 10.08.2023. Now, the Bank is administered by Administrator from 11.08.2023 and Chief Executive Officer from 02.05.2022 to till date.
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