SVC FULL FORM

SVC FULL FORM

Full Form of SVC : The full form of SVC is Shamrao Vithal Co-op. Bank Ltd

What is the full form of SVC?

No:1. The full form of SVC is Shamrao Vithal Co-op. Bank Ltd.
No:2. SVC Bank was founded in India in 1906 and registered as a Co-operative Credit Society on 27 December 1906.
No:3. The Bank operates in ten Indian states :
a). Maharashtra
b). Karnataka
c). Tamil Nadu
d). Telangana
e). Rajasthan
f). Harayana
g). Goa
h). Gujarat
i). Delhi
j). Madhya Pradesh.

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A brief history of SVC bank

No:1. When cooperation was just starting to gain ground in the nation, SVC Co-operative Bank Limited was established.
No:2. It was founded with the main goal of supporting the less privileged people in the community in their economic ventures, encouraging savings and developing funds to provide deserving citizens with financial assistance.
No:3. The main developer of the Bank was Late Rao Bahadur Shripad Subbarao Talmaki, the Maharshi of Cooperation, who called it after Late Shamrao Vithal Kaikini, who has been his primary controlling hand and Mentor.
No:4. The Bank was initially registered on 27 December 1906 as a Cooperative Credit Society.
No:5. Thus, the Bank began to appear with a small beginning, motivated by high objectives for the improvement of the Society’s economic, material & moral quality of life-being.

Mission and Values of SVC Bank

Their mission is to deliver excellence through innovation, Quality and Commitment. Following are the values of SVC Cooperative Bank Limited:
No:1. Integrity & Professionalism
No:2. Simplicity
No:3. Team Spirit, Act Together
No:4. Dynamics

Milestones of SVC Bank

No:1. 1913- Cash Credit Loan Scheme
No:2. 1915- First Co-operative Housing Society in Bombay
No:3. 1927- Fidelity Guarantee Fund
No:4. 1931- Distress Relief Fund
No:5 1954- Staff Gratuity Fund
No:6. 1956- Facilities thrown open to all communities
No:7. 1964- Introduction of Safe Deposit Vaults
No:8. 1966- Industrial Financing
No:9. 1975- Introduction of Cash Certificates
No:10. 1988- “Scheduled Bank Status” conferred on the Bank
No:11. 2002- Setting up of Corporate Office – SVC Tower at Vakola
No:12. 2003- Implementation of Genius I Core Banking Solution across all the branches
No:13. 2007- SVC Bank is offered AD-I License
No:14. 2006- 1st Software sale successful
No:15. 2010- SVC Bank crosses Software sales services to 25 Bank
No:16. Bank is present in 10 states of India including Maharashtra, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Harayana, Goa, Gujarat and Madhya Pradesh.
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No.-1. Download 15000 One Liner Question Answers PDF

No.-2. Free Download 25000 MCQ Question Answers PDF

No.-3. Complete Static GK with Video MCQ Quiz PDF Download

No.-4. Download 1800+ Exam Wise Mock Test PDF

No.-5. Exam Wise Complete PDF Notes According Syllabus

No.-6. Last One Year Current Affairs PDF Download

No.-7. Join Our Whatsapp Group

No.-8. Join Our Telegram Group

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