Mirzapur is an important city in Uttar Pradesh. It hosts more than two million residents. The Ganges meets with Vindhya Range in the vicinity of the city and thus accounts for the scenic locations. The city is encompassed by several hills and has many waterfalls and natural spots. It functions as the headquarter of the Mirzapur district. Mirzapur is known for its carpets and brassware industries which are manufactured in the city and exported worldwide. These industries drive the economy of the city. The city was mostly built by the British and hosts plenty of memorials and architectural wonders from the colonial era. The clock tower in Mirzapur is highly significant as the longitude of Indian Standard Time at 82.5? passes through it and the Indian Standard Time is calculated from here. Mirzapur is known for the holy shrine of Vindhyachal, Ashtbhuja and Kali Khoh. It hosts the famous Devrahwa Baba ashram.
The Shamrao Vithal Co-op. Bank Ltd. or SVC Cooperative Bank Limited, is a banking company incorporated under the Companies Act, 1956 a scheduled bank, and one of the oldest Urban Co-operative Bank in India built in 1906. The bank was set up when co-operation was just started in the country. It was established with the primary aim of helping the less fortunate members of the community under the ambit of its economic enterprises. It was also to encourage savings and to create funds for providing financial aid to deserving members.Mr. Rao Bahadur Shripad Subbarao Talmaki was the chief architect of the Bank. The Bank was initially registered as a Co-operative Credit Society on 27 December 1906. The Bank is present in 10 States of India. Maharashtra, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Haryana, Goa, Gujarat and Madhya Pradesh. In 1907, cumulative deposit scheme, fixed deposit scheme and saving bank deposit were introduced by the bank. After that in 1911, the facilities for remittance were made available to the members by the draft. In 1913, the cash credit scheme was introduced by the bank. In 1956, facilities were thrown open to all communities. In 1988, the Shamrao Vithal bank was conferred the scheduled bank status.