shamrao vithal co op . bank industry banking financial services founded 1906 headquarters mumbai india products investment banking commercial banking retail banking private banking asset management mortgages credit cards website official website the shamrao vithal co op . bank ltd. svc bank established in 1906 is one of the oldest urban co operative bank in india . the bank was founded when co operation was just started to begin in the country . it was set up with the primary objective of assisting the less fortunate members of the community in its economic enterprises . this was also to encourage savings and to create funds for providing financial aid to deserving members . rao bahadur shripad subbarao talmaki was the main architect of the bank . the bank was originally registered as a co operative credit society on 27 december 1906 . contents 1 major milestones 2 branches 3 see also 4 references 5 external links major milestones edit 1907 fixed deposits savings bank deposits and cumulative deposits scheme introduced 1910 first co operative stores 1911 facilities for remittance by draft made available to members & education fund 1913 cash credit loan scheme started 1915 first co operative housing society in mumbai 1927 idelity guarantee fund 1931 distress relief fund 1954 staff gratuity fund 1956 facilities thrown open to all communities 1964 introduction of safe deposit vaults 1966 industrial financing 1975 introduction of cash certificates 1988 scheduled bank status conferred on the bank 2000 deposits cross 1000 crores 2002 setting up of corporate office svc tower at vakola 2003 implementation of genius i core banking solution across all the branches 2006 svc bank is offered ad i license in & svc bank is permitted to sell core banking software services to smaller co operative banks 2006 1st software sale successful 2010 svc bank crosses software sales services to 25 banks 2011 svc bank opens 100th branch at bibwewadi 2014 svc bank opens 150th branch at chembur cg road 2016 svc bank opens 193rd branch at khamgaon branches edit for a complete list of branch locations please visit www.svcbank.com the bank is present in the states of maharashtra karnataka tamil nadu telangana delhi rajasthan and madhya pradesh . this section is empty . you can help by adding to it . august 2013 see also edit banking in india references edit external links edit svc bank website v t e banking in india reserve bank reserve bank of india public sector banks allahabad bank andhra bank bank of baroda bank of india bank of maharashtra bharatiya mahila bank canara bank central bank of india corporation bank dena bank idbi bank indian bank indian overseas bank oriental bank of commerce post bank of india punjab & sind bank punjab national bank state bank of bikaner & jaipur state bank of hyderabad state bank of india state bank of mysore state bank of patiala state bank of travancore syndicate bank uco bank union bank of india united bank of india vijaya bank private sector banks axis bank bandhan bank catholic syrian bank city union bank dcb bank dhanlaxmi bank federal bank hdfc bank icici bank idfc bank indusind bank jammu & kashmir bank karnataka bank karur vysya bank kotak mahindra bank lakshmi vilas bank nainital bank rbl bank ratnakar bank south indian bank tamilnad mercantile bank limited yes bank cooperative banks buldhana urban cosmos bank repco bank saraswat bank shamrao vithal co op . bank tnsc bank rajkot nagrik sahakari bank foreign banks abn amro abu dhabi commercial bank antwerp diamond bank australia and new zealand banking group bank internasional indonesia bank of america bank of bahrain and kuwait bank of ceylon the bank of tokyo mitsubishi ufj barclays citibank india credit suisse deutsche bank hsbc the royal bank of scotland scotiabank standard chartered regional rural banks andhra pragathi grameena bank kerala gramin bank bangiya gramin vikash bank gramin bank of aryavart north malabar gramin bank pallavan grama bank pandyan grama bank paschim banga gramin bank sarva up gramin bank south malabar gramin bank uttar bihar gramin bank vananchal gramin bank list of regional rural banks in uttar pradesh interbank networks bancs cashnet cirrus imps upi mitr nfs plus rupay defunct banks alliance bank of simla arbuthnot & co bank of bombay bank of calcutta bank of chettinad bank of cochin bank of hindostan bank of madras bank of madura bank of rajasthan bank of thanjavur bareilley corporation bank bengal central bank bharat overseas bank centurion bank of punjab chartered bank of india australia and china commercial bank of india dass bank exchange bank of india & africa global trust bank grindlays bank hindustan commercial bank imperial bank of india ing vysya bank lakshmi commercial bank lord krishna bank madhavpura mercantile cooperative bank mercantile bank of india london and china miraj state bank nath bank nedungadi bank new bank of india oriental bank corporation oudh commercial bank palai central bank pandyan bank sikkim bank state bank of indore state bank of saurashtra times bank united industrial bank united western bank related topics banks board bureau banking codes and standards board of india atm usage fees in india de materialisation demat foreign exchange forex indian financial system code ifsc list of banks in india national electronic fund transfer neft national payments corporation of india real time gross settlement rtgs structured financial messaging system sfms prepaid payment instruments in india this article about an indian company is a stub . you can help wikipedia by expanding it . v t e this asian bank related article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title shamrao vithal co operative bank & oldid 721673878 categories banks established in 1906cooperative banks of indiacompanies based in pune1906 establishments in indiaindian company stubsasian bank stubshidden categories use british english from march 2013use dmy dates from march 2013articles to be expanded from august 2013all articles to be expandedarticles with empty sections from august 2013all articles with empty sectionsarticles using small message boxesall stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 23 may 2016 at 10 55 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view