The city of Farrukhabad in the Indian state of Uttar Pradesh was earlier a princely state. The Ganga, the Ramganga and the Kali rivers are located near the city. The city has a population of around 3 lakh people. It is well connected through railways as there are five more railway stations, namely Fatehgarh Station, Kaimganj Station, Kamalganj Station, Yaqutganj Station, Harsinghpur Goba Station apart from the citys main railway station called Farrukhabad Junction. The city is on the route of the Ganga Expressway, which provides high-speed connectivity between Greater Noida in the west of the state and Ballia in the east. Farrukhabad also has a bus station that belongs to the State Road Transport System. An airstrip at Mohammadabad near Farrukhabad ensures that the city can be reached easily by small aircrafts and helicopters in case of an emergency or natural disaster.
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.