solapur is a West Indian Tier II city in the state of Maharashtra. It is the fourth largest district in the state. The city is located between Mumbai and Hyderabad and is connected to both of these metro cities via road and railway. Solapur was the home of many prominent freedom fighters and thus the city is recognized as "The City of Hutatmas" or "The City of Martyrs." Solapur district has 33 sugar factories, which is the highest among all districts in the country. The city is also the leading producer of Indian cigarettes or beedi in Maharashtra. Solapur has also been a leading center for cotton mills and power looms in the state, possessing Asias largest spinning mill. The city is famous for pomegranate farming which is done on a large scale in the entire district of Solapur. Solapurs economy of the city is based on medium and small scale industries like handloom and power loom industry, cotton mills and the textile industry. Solapur is the base of educational institutions like Shivaji University, Nehru Science Centre, Dr. V. M. Government Medical College and other engineering colleges. The Science Centre in Kegaon is a prominent scientific association in Maharashtra. The Ujjain Dam, , Great Indian Bustard Sanctuary and the Shri Siddeshwar Temple are places worth visiting in Solapur., solapur is a Tier II city in the Indian state of Maharashtra. It is located between Hyderabad and Mumbai, connected to both via railway and road. Many great freedom fighters of India hailed from Solapur. Hence, the city has received the title of "The City of Martyrs" or "The City of Hutatmas." The city is known for its numerous sugar factories as it is the highest maker of sugar in the entire state. It is also known for its mass production off Indian cigarettes or Beedi. The city has many cotton mills and power looms. It boasts of its spinning mill which is the largest in Asia. The handloom, cotton and textile industry fuel the city?s economy. Pomegranate is cultivated on a large scale in this city and its neighboring areas. Solapur has quite a few reputed institutes for education and research. The Science Centre in Kegaon is known for its research. The Shivaji University and Dr. V. M. Government Medical College are quite famous in the city. A few places to visit in and around Solapur include the Shri Siddeshwar Temple, Akkalkot Swami Samarth Maharaj Temple, Bhuikot Fort, Rukmini Temple, Ujjani Dam, Great Indian Bustard Sanctuary, Pandharpur, etc. Maharashtra?s first waste-to-energy electricity plant is located in Solapur.
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.