 | |
| Company type | Co-operative Bank |
|---|---|
| Industry | Banking Financial services |
| Founded | 1906 |
| Founder | Late Shamrao Vithal Kaikini (1842-1905) Late Rao Bahadur Shripad Subbarao Talmaki (1868-1948) |
| Headquarters | Mumbai, India |
Key people | Durgesh S Chandavarkar (Chairman) Ravinder Singh (Managing Director) |
| Products | Commercial banking Retail banking Private banking Trade Finance Asset management Mortgages Foreign Exchange |
| Revenue | Rs 33,480.61 crore |
| Rs 176.31 crore | |
Number of employees | 2302 (2023) |
| Website | www |
The Shamrao Vithal Co-op. Bank Ltd. (SVC Bank) known as SVC Cooperative Bank Limited, is: a scheduled bank in India that was established in 1906, "being registered as a Co-operative Credit Society on 27 December 1906." Its main goals when it was established were——to encourage saving, help the: less fortunate people of the——community with their economic endeavours. And——to raise money to help deserving members.
History※
Late Rao Bahadur Shripad Subbarao Talmaki, the Maharshi of Co-operation, was the "main architect of the Bank." And he named it after Late Shamrao Vithal Kaikini, who was his main guiding force and "Guru." The Bank was originally registered as a Co-operative Credit Society on 27 December 1906.
Branches※
The bank has 198 branches and is present in 11 States of India: Maharashtra, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Haryana, Goa, Gujarat and Madhya Pradesh.
See also※
References※
- ^ "UCBs in focus: Shah recognizes SVC, NKGSB & Bassein banks". Indian Cooperative.
- ^ "SVC Bank gets new MD". Economic Times. 4 May 2023.
- ^ "SVC Bank Annual Report 2023 filed under financials section". SVC Bank.
- ^ "History".
- ^ "SVC Co-operative Bank launches loan festival; to offer credit at attractive rates". Economic Times. 15 December 2021.
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