sasaram city, in the Indian state of Bihar, is the largest sub-metropolitan area of the state. Sasaram has many religious and historical places to visit, which are surrounded by the scenic Kaimur mountains and the Sone and Kav rivers. The name of the city is also spelled as Sahasram. It was an ancient village which was known as the gateway of "Vihar" as it would give one entry to the Nalanda and Gaya area. Gautama Buddha had passed through this city on his way to gaining enlightenment at Gaya. Many industries are situated around Sasaram city. Gauraxni, Fazalganj, New Area and Tomb Area are the commercial zones with several malls, multiplexes, hotels and premium medical facilities. The remaining regions like Muradabad, Dehri, Dalmianagar, Nokha, Tilauthu, Jamuhar, Son Nagar, Amjhor and Kudra function as the administrative headquarter of the Rohtas district. Sasaram city is known for its high literacy rate and the area with highest forest cover in Bihar. Sasaram is known for the production of fertilizer, stone chips, cement and for the quarrying industry. Bhojpuri, Hindi, and Urdu are the major languages spoken by the 1.5 lakh residents of Sasaram who mainly follow Hinduism, Islam, Sikhism, Buddhism and Jainism. The economy of Sasaram is fuelled by agriculture as well as related industries like rice polishing.
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.