Guntakal is situated in the Anantapur district of Andhra Pradesh. The headquarter of the Anantapur revenue division and the Guntakal mandal is situated in this city. The city houses around 2 lakh residents who mainly speak in Telugu and Kannada. Situated in the south-western part of Andhra Pradesh, Guntakal is very close to the state border and is only 50 kilometers away from Bellary in Karnataka. Guntakal Railway Division of South Central Railway is one of the most profitable divisions in Indian Railways and it houses a railway diesel shed. Lord Anjaneya Swamy Temple, which is locally referred to as Nettikanti Anjaneya Swamy Temple, is situated near Guntakal and attracts devotees from across Andhra Pradesh, Karnataka and several other parts of South India every day. Guntakal also has a relic of the Jain religion. Jambudweepachakra in the vicinity of the town is known to have been sculpted by Jain priests. The is a tomb of a Sufi saint named Mastan Vali is situated near Guntakal which attracts devotees across all religions and castes. Our Lady of Health Church at Guntakal is an architectural wonder.
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