The holy city of Thanjavur is located in the Indian state of Tamil Nadu. It is an important hub of religion, art, and architecture in South India. It was earlier known as Tanjore and had once served as the capital of the Chola Empire. Most of the famous temples in and around Thanjavur are from the Chola dynasty and they have now been turned into UNESCO World Heritage Monuments. The most popular among these is the Brihadeeswara Temple. It is situated in the center of Thanjavur. Thanjavur is also known for its uniquely styled Tanjore paintings. The city is located near Cauvery Delta and known for the fertile soil. This important agricultural center and is known as the "Rice bowl of Tamil Nadu." Legend says that the word Thanjavur is obtained from "Tanjan," who was an asura (devil) in the Hindu mythology. Tanjan was killed by the Hindu God Neelamegha Perumal (Vishnu) in the region that is now Thanjavur. Hence, the city is named so. The economy of the city is primarily driven by agriculture. Crops that are grown in Thanjavur are blackgram, banana, coconut, red gram, green gram, gingelly, ragi, sugarcane and maize. The city is an important center of silk weaving in Tamil Nadu and its Thanjavur silk sarees are popular throughout the country. Tourism is a large contributor to the citys economy - Hindu devotees and tourists from all over the world visit the city to explore its plethora of amazing old temples.
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.