The city of Bellary in the Indian state of Karnataka is also known as the corporation city. It has several other names such as Kuntala Desha, Sindavadi-Nadu and Nolambavadi-Nadu. It is a very well-known mining town. Various dynasties like the Chalukyas, the Vijanagara Empire, the Marathas, the Nizams, the Sultans, etc. have ruled over this city for years. Bellary is divided into 35 wards in order to ensure effective governance and administration, which is managed by elected representatives. The main source of the citys economy is from the industries like mining and agriculture. The city houses various industries like steel, textiles, garments and rice mills. Bellary attracts tourists in between October and December from India and abroad. The city is known for its majestic forts, serene hills, verdant parks, gardens and green spaces. Popular tourist spots in Bellary include the Bellari fort, The Ballari and Kumbara Rock Hills, Bellary Zoo, Kuntegadda Park, Kaategudda Park, Nagaruru Narayanarao Park, etc. The city has a multi-lingual community. While Kannada is the official language, Telugu is the most widely used language in this city. Moreover, Dakhini and Hindi are also spoken by many. There are several minority speakers of Gujarati, Rajasthani, Punjabi, Urdu, Tamil, Malayalam, Marathi, Marwari, Nepali, Odia, Bihari, and Manipuri.
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.