Tenali is located in the Guntur district of Andhra Pradesh. The Tenali Mandal and the Tenali revenue division are headquartered in this municipal town. Tenali is renowned for its art, cultural, drama and is hence often referred to as the Andhra Paris. It is a part of the capital region of Andhra Pradesh. Tenali is well connected to all the villages nearby. People from the rural areas often travel to Tenali to seek work. The city is rapidly developing. It has many modern amenities such as access to theatres, parks, shopping complexes, etc. Tenali is known for its three canals that run parallelly with roads in between. Tenali Ramakrishna, one of the 8 poets and court jesters of King Krishnadevaraya was from Tenali. The Andhra?Satavahana dynasty had ruled over the region from 225 B.C. to 225 A.D. Jainism and Buddhism flourished in the area as per the relics found in the excavations around the city. Tenali thrives on agriculture and trade. The Krishna River provides irrigation to the agricultural lands around the city. The major crops cultivated at Tenali include black gram, maize and jowar. Trading and exporting agricultural products take place at the Tenali Agriculture Market yard. The Vaikuntapuram Venkateswara temple, the Iglesia Ni Cristo church and Chinaravuru park are places worth visiting in Tenali.
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