Bhilai, popularly known as the ?Steel City of India," is situated in the Indian state of Chhattisgarh. It is also the administrative capital of Durg district, divided into 68 administrative wards for better governance. The city has been named after the Bhil tribe which inhabited this region. The city is famous for the Bhilai Steel Plant, which is one of the oldest bedrocks of Indias economy. It was the first Indian Steel plant that produced steel rails. The chemical industry is also quite flourishing in Bhilai. The economy of the city is mainly based on the steel manufacturing plant built here. The city houses many educational institutions and universities like Christian College of Engineering & Technology, CSVTU Bhilai, R.S.R Rungta College of Engineering and Technology, Shri Shankaracharya College of Nursing, Rungta College of Dental Sciences and Research, etc. A few interesting places to visit in the vicinity of Bhilai include the Ganga Maiya Temple, Civic Centre, Tandhula Dam, Maitri Bag, Dhamadha River, Siya Devi temple, Bambleshwari Temple, Deobaldo, Narpura temple, etc.
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