Rewa is a thriving city in the Indian state of Madhya Pradesh. The city is known for hosting the worlds first white tiger safari that was established at Mukundpur by the Central Zoo Authority of India. The city of Rewa has more than 2 million residents. It experiences a humid subtropical climate, with torrid summers, humid monsoons and cool misty winters. Rewa is known for its diversified economic base. The intricate handicrafts produced by the people of Rewa spread over various forms such as paintings, terracotta, marble articles, silver arts, etc. Rewa is also rich in mineral resources. A large variety of important minerals such as limestone, sandstone, phosphate, asbestos, calcite, talc are found in and around the city. These have become major driving resources behind the various industries based in the city. Agriculture is a leading contributor to the citys economy. The Major crops grown in the area are Maize and Jowar during the Kharif season and Wheat and Mustard during the Rabi season. Additionally, pulses, groundnut and several vegetables are also cultivated at Rewa. The Jawahar Lal Nehru University of Agriculture and Technology is one of the major educational institutes in the area. Rewa is also a shopping destination as it has a thriving retail market. The Vindhya Mahotsav is celebrated at Rewa in April every year. The main purpose of organizing this festival is to promote the culture, business and handicrafts of Rewa.
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