Patiala is situated in the Indian state of Punjab. It is the administrative capital of Patiala District. The administration of the city is done through 57 wards which are administered by an elected representative. The city is located around the Qila Mubarak or the Fortunate Castle which was constructed in 1763 by the chieftain of the royal dynasty of the Patiala State, Baba Ala Singh. Patiala is the fourth largest city in Punjab and it houses the National Institute of Sports. Patiala was traditionally an agriculture-based economy. However, the city has now become home to plenty of manufacturing units that produce goods like cutting tools, power cables, etc. Some reputed educational institutions and universities in this city include the Thapar University, the Punjabi University, the Rajiv Gandhi National University of Law, the Netaji Subhash National Institute of Sports, the Government Medical College, etc. Patiala?s vintage location has led to the development of various tourist spots such as the Bahadurgarh Fort, Mubarak complex, the Gurdwara Dukh Niwaran Sahib, the Gurdwara Moti Bagh Sahib, Maa Kali Devi Mandir, QilaSheesh Mahal, Baradari Gardens, 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