The Jharkhand State cooperative bank was established vide State Cabinet Resolution No 6, dated 8.10.2002 , Its Registration No is – 4/Hqr/Dated – 18.12.2002 and BSCB Ltd transferred Assets and Liabilities of 5 of its Branches situated in Jharkhand to the JSCB on 31.08.12. Government of Jharkhand has taken decision to have two tier co-operative creditstructures. Under this all eight co-operative banks and their branches will merge and become branches of JSCB. There will be one Management at JSCB. All affiliated LAMPS/PACS will act as service provider.

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