Ahmedabad is the largest city in the Indian state of Gujarat. This former capital of Gujarat is often referred to as "Amdavad" by the natives. It is the fifth populous Indian city which is rapidly growing in terms of business and technology. Ahmedabad is slowly emerging as an important industrial and economic hub in India. Gujarati is the commonly spoken language in this city. Gujaratis, being a business-oriented community, have always ensured that the city thrives on multiple lines of trade and commerce. The historic city of Ahmadabad or Old Ahmadabad has recently been declared as Indias first UNESCO World Heritage City. The old city, situated on the bucolic eastern side of the Sabarmati River, used to be girdled by a long wall which was 10km in length. The new city, with wider streets, many upcoming neighborhoods, offices, shopping complexes and several major universities, has emerged on the western side of the river. Ahmedabad witnesses a beautiful amalgamation of tradition and modernity in its landscape, architecture and lifestyle. In fact, the city can mesmerize tourists with its wealth of architecture ? there are centuries-old mosques and mausoleums as well as buildings of cutting-edge contemporary design. The city seems like a fascinating maze comprising of excellent museums, elegant restaurants, bustling street-food joints and the tranquil Sabarmati Ashram., situated on the banks of River Sabarmati in the state of Gujarat, Ahmedabad is the largest city in this west Indian state. This city used to be the capital of Gujarat earlier and the locals usually refer to it as ?Amdavad.? The rapidly developing city of Ahmedabad is the fifth most populous city in the country and the local people speak in Gujarati. Although most of the people of Ahmedabad hail from the business community, yet the IT sector is gradually flourishing in the city. The enterprising people of Ahmedabad have always encouraged and welcomed multi-dimensional growth in the city. Ahmedabad is no doubt becoming an essential economic and industrial hub in the country, and the city is attracting enthusiastic job-seekers from all over the country. The ?old city? of Ahmedabad, which is a UNESCO World Heritage City, is found on the eastern bank of the Sabarmati River, standing proudly in its rustic grandeur. The newer parts of Ahmedabad are gradually developing into a modern Indian city, with tall buildings, posh neighborhoods, wide streets, offices, universities and shopping complexes on the western bank of the Sabarmati. Quite close to the Great Indian Desert, the city experiences hot and arid weather throughout the year but nonetheless, it attracts crowds of tourists every year to explore the ancient mausoleums, museums and the famous Sabarmati Ashram while relishing the delectable Ahmedabadi street food.
The SVC Bank was initially registered as a Co-operative Credit Society on 27 December 1906. In 1907, cumulative deposit scheme, fixed deposit scheme and saving bank deposit were introduced by the bank. The bank in opened first Co-operative store in 1910. In 1915, the first Co-operative housing society was built in Bombay. In 1927, the Fidelity Guarantee Fund was launched simultaneously with Distress Relief Fund in 1931 and Staff Gratuity Fund in 1954. In 1964, Safe Deposit Vaults were introduced by the bank. In Fiscal 2016, the deposits of the bank crossed 13000 crores. In 2002, the corporate office was opened by the bank at SVC Tower in Vakola. In 2003, Genius I Core banking solution was implemented in all the branches of SVC bank. In 2006, the SVC bank successfully sold the software. In 2007, AD-I license was offered to the Shamrao Vithal Co-operative bank. The SVC bank was also allowed to sell the core banking software services to small co-operative banks. By 2010, the bank sold software services to around 25 other banks. The 193rd branch of the SVC bank was opened at Khmagaon. The Bank is present in 10 States of India. Maharashtra, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Haryana, Goa, Gujarat and Madhya Pradesh