Set up in 1906, SVC Bank (SVC Co-operative Bank Ltd.), formerly known as ‘The Shamrao Vithal Co-operative Bank Ltd.,’ has contributed significantly to the development of the cooperative movement in India for over a century.
Today, the bank is one of the oldest and most recognized names in the country's co-operative banking space and remains the only multi-state scheduled bank within the Nation having a presence across 11 states. It is also the first and only bank to develop and offer 'Genius'- a core-banking solution to more than 80 other co-operative banks. With a total business of over INR. 25000 crores and a net profit of INR. 132.01 crores in FY 17-18, it has proven its robust and strong fundamentals.
While the Bank prides itself on its people skills and its large customer base, SVC Bank is best known for its honest and strong relationships that it maintains with both its customers and employees. SVC Bank is one of the most sought after employers within the banking industry, as employees are known to make their careers at the Bank with long lasting tenures, sometimes even employing generations of the same family. SVC Bank’s employee friendly environment ensures steady flow of opportunities for all the employees alongside all-round growth and positive work-life balance.
Headquartered in Mumbai, the bank has a vast spread of 198 branches with employee strength of over 2500.