Raipur is the capital city as well as the largest urban agglomerate in the Indian state of Chhattisgarh. It was a part of Madhya Pradesh before the new state of Chhattisgarh was formed in November 2000. Naya Raipur or New Raipur is actually the new capital of the state which is 17 kilometers away from the older city of Raipur. Swami Vivekananda Airport separates these two cities. This city is the administrative headquarters of Raipur District. The current administration is based on its division into 72 wards which are managed by an elected representative. The source of Raipurs economy is mainly from agriculture. Crops like pulses, wheat, paddy, urad, peas, etc. are cultivated widely. Soybean, Alsi and groundnut are some of the oilseeds that are grown around the city. It is also a center for the state?s steel and other industries. Raipur has many educational institutions and universities like Indian Institute of Management, National Institute of Technology, All India Institute of Medical Sciences, Indira Gandhi Agricultural University, International Institute of Information Technology, etc. Although not a tourism-based city, Raipur has some places worth visiting such as the Shahid Veer Narayan Singh International Cricket Stadium, Shri Rajiv Lochan Mandir, Urja Park, Naya Raipur Central Park.
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