siwan is a city in Bihar. It is the district headquarters of the eponymous district. The city is situated near the border of Uttar Pradesh. Siwan has around 1.3 lakh residents who speak in Bhojpuri, Hindi & English. The city is divided into 38 wards for effective administration. This city has probably got its name from Shiva man, the ruler of the area until Babars arrival. A small river called the Daha River passes through the middle of the town - it dries up during the summer and often floods the town during the monsoon. 80% of the residents of Siwan are educated as the city is known for its many reputed academic institutions. Siwan is well connected via roadways and railways. The NH-531, NH-27 and several State Highways pass through the city. Siwan Junction railway station connects the city to other major cities of India.
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