Hyderabad is a flourishing Indian city that is steadily proceeding towards the pinnacle of growth and development. Hyderabad, the capital city of Telangana state, was the erstwhile capital city of Andhra Pradesh. However, Telangana broke off from the state of Andhra Pradesh in 2014 and since then Hyderabad has served as the de jure capital of AP till the time the AP government is ready with a capital city of their own. Often referred to as the City of Lakes or the City of Pearls, the twin cities of Hyderabad and Secunderabad have flourished along the banks of the Musi River and is home to a myriad historical relic from the Nizami era. This fourth most populous city is situated on the hilly terrain of the Deccan plateau amidst aplenty artificial lakes - Hussain Sagar Lake being the most popular one. Amidst the scorching summers and comfortable winters, Hyderabad presents to its tourists a plethora of historic charms in the Golconda Fort, the Salarjung Museum, the famous Charminar, the Falaknuma Palace and a handful of old bazaars of Hyderabad that have been glorified through verses by great poets like Sarojini Naidu. Tourists flock to Hyderabad to try the famously mouth-watering delicacies like the Hyderabadi Biryani and Haleem.
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