Nellore, situated in the southern Indian state of Andhra Pradesh, is also known as Vikrama Simhapuri. Various dynasties like the Mauryas, Ashoka the Great, the Vijayanagara Empire, the Cholas, the Pallavas and other empires had ruled over this area for years. The modern administration of the city is carried out by an elected representative for each of its 56 wards. The city functions as the headquarters of Nellore District. The fertile banks of River Penna support the cultivation of paddy at Nellore. The economy or trade in Nellore mainly depends upon agricultural produce along with other modern industries such as hardware, textile, automobile, consumer goods and other SMEs. There are a few of large industrial estates in and around the city that houses units of Nippo batteries and Apache leather shoes. Shrimp culturing is quite famous at Nellore, owing to its proximity to the sea. Nellore has many educational institutions and universities and many other schools and colleges. Some of the well-known tourist attractions in and around Nellore include the Barashaheed Dargah, the Venkatagiri Fort, the Tikkana Park, the Udayagiri Fort, the Nellapattu Bird Sanctuary, the Nellore Ranganatha 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