Warangal is an important city in the Indian state of Telangana, which is the second largest in the state right after the capital city Hyderabad. The city is dotted with monuments and flouts a rich religious as well as cultural history. Warangal serves as the headquarters of Warangal Urban as well as Rural Districts. The city is divided into 58 political wards where with ward represented by an area comparator. Warangal has seen a rapid growth and urbanization in the recent years. Agriculture is the main economic activity. However, water crisis prevails and farming relies on irrigation depending mainly on the monsoons. Paddy, cotton, mango and wheat are some of the crops grown extensively in this area. Warangal has notable educational institutions such as the Kakatiya University, the Kakatiya Medical College and NIT Warangal. There are lots of attractions in and around Warangal for casual tourists as well as for students of history and culture. The Warangal Fort, Thousand Pillar Temple, Pakhal Lake, Kakatiya Rock garden, Kakatiya Musical Garden, Badhrakali Temple, etc are great places to visit in Warangal.
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