The Indian city of Sirsa is also a municipal council in the eponymous district in Haryana. Sirsa lies in the westernmost region of the state, bordering Punjab and Rajasthan. The history of Sirsa dates back to the time of the Mahabharata. River Sarasvati used to flow through this area at one point in time. Sirsas ancient name was Sairishaka. Many believe that the name got modified over time and eventually became "Sirsa." Another popular belief attributes the derivation of name to the abundance of the Siris (Benth) trees in the surrounding area. Sirsa is one of Indias 250 backward districts and the Backward Regions Grant Fund Programme is currently supporting the city with funds. The city has an air base of the Indian Air Force called sirsa Air Force Station.
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