Rajkot is the fourth largest urban agglomeration situated in the West Indian state of Gujarat. The Aji River and Nyari River flow alongside this city. Rajkot functions as the administrative headquarters of the Rajkot District. It has a distinguished place in history for being the hometown of Mohandas Karamchand Gandhi. In the year 2013, Rajkot was recognized for being the city with the best law and order in the country. It also qualifies as one of the cleanest cities in India. The city is segregated into 29 wards that are led by elected representatives and counselors. The economy of Rajkot is chiefly based on small-scale industries with many manufacturing plants and units working on diesel engines, machine tools, kitchen knives and other cutting appliances, etc. Stock trading has gained popularity in Meerut since the 90s. Even the software sector is gradually picking up speed and striving to contribute to Rajkots economy and employment. The city is also well-known for art and jewelry design. There are many renowned educational institutions in this city. Tourists visiting Rajkot have various places to explore in the city. Shri Ramakrishna Ashrama, Rotary Dolls Museum, Saurashtra Cricket Association Stadium, ISKCON Rajkot, Sri Sri Radha Neelmadhav Dham, Aji Dam Garden, etc. are a few places worth visiting.
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.