Dhule is one of the major cities in the Indian state of Maharashtra. Situated on the banks of Panzara River, Dhule lies in the verdurous valley of the Tapti River. It is a municipal corporation in Dhule District situated in the Khandesh region of Maharashtra. Sir Mokshagundam Visvesvaraya had planned this city. There is a famous temple of Devi Ekveera on the banks of the Panzara River, who is regarded as a Gramadevata of the city. The city experiences dry weather except for the rainy days of the monsoon. Dhule is considered to be one of the upcoming hubs of the power loom, textile and edible oil. Since it is situated at the junction of three major National Highways (NH-3, NH-6, and NH-211), it is considered to have a strategic advantage for trade. The Ministry of Electronics and IT is set to open a BPO at Dhule. The city boasts of its educational heritage which a large number of educational institutes like the SES College of Engineering, WKDSPMs Dr. Babasaheb Ambedkar Memorial College of Law, Mukesh Patel Technology Park - Narsee Monjee Institute of Management Studies, etc.
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.