Shamrao Vithal Co-operative Bank: Difference between revisions

What links here Related changes Page information Get shortened URL
Created by BrownHairedGirl
Last edited December 9, 2024
← Older edit
VisualWikitext
m Removed empty portal template using script
m enhanced article also and updated info
 
Line 2: Line 2:
{{Use British English|date=March 2013}}
{{Use British English|date=March 2013}}
{{Use dmy dates|date=November 2021}}
{{Use dmy dates|date=November 2021}}
{{more citations needed|date=March 2020}}
{{Infobox company
{{Infobox company
|name             = SVC Cooperative Bank Limited
| name = SVC Cooperative Bank Limited
|logo             =  
| logo = File:Shamrao_Vithal_Co-op._Bank_Logo.png
|type             = Co-operative Bank
| type = Co-operative Bank
|foundation       = 1906
| foundation = 1906
|location         = [[Mumbai]], India
| location = [[Mumbai]], India
|founder         = Late Shamrao vital Kaikini (1842-1905)<br />Late Rao bahadur shripad subbarao talmaki (1868-1948)
| founder = Late Shamrao Vithal Kaikini (1842-1905)<br />Late Rao Bahadur Shripad Subbarao Talmaki (1868-1948)
|industry         = Banking<br />[[Financial service]]s
| key_people = Durgesh S Chandavarkar (Chairman)<ref name="Indian Cooperative">{{Cite web|url=https://www.indiancooperative.com/banks/ucbs-in-focus-shah-recognizes-svc-nkgsb-bassein-banks/|title=UCBs in focus: Shah recognizes SVC, NKGSB & Bassein banks|publisher=Indian Cooperative}}</ref><br/>Ravinder Singh (Managing Director)<ref name="HBL">{{cite news |last= |first= |date=4 May 2023|title=SVC Bank gets new MD|url=https://bfsi.economictimes.indiatimes.com/amp/news/banking/svc-bank-elevates-ravinder-singh-as-managing-director/99988552|newspaper=Economic Times}}</ref>
|products         = [[Investment banking]]<br />[[Commercial banking]]<br />[[Retail banking]]<br />[[Private banking]]<br />[[Asset management]]<br />[[Mortgages]]<br />Credit Cards
| industry = Banking<br />[[Financial service]]s
|revenue         =  
| products = [[Commercial banking]]<br />[[Retail banking]]<br />[[Private banking]]<br />[[Trade Finance]]<br />[[Asset management]]<br />[[Mortgages]]<br />[[Foreign Exchange]]
|operating_income =  
| revenue = Rs 33,480.61 crore<ref name="Annual Report">{{Cite web|url=https://www.svcbank.com/sites/default/files/2023-05/AR_2022-23.pdf/|title=SVC Bank Annual Report 2023 filed under financials section|publisher=SVC Bank}}</ref>
|net_income       =  
| operating_income =  
|assets           =  
| net_income = Rs 176.31 crore<ref name="Annual Report"/>
|num_employees   = 2400 (2018)
| assets =  
|homepage         = {{url|www.svcbank.com}}
| num_employees = 2302 (2023)
| homepage = {{url|www.svcbank.com}}
}}
}}


'''The Shamrao Vithal Co-op. Bank Ltd. (SVC Bank)''' known as '''SVC Cooperative Bank Limited''', is a scheduled bank in India that was established in 1906, being registered as a Co-operative Credit Society on 27 December 1906.<ref>{{Cite web|url=https://www.svcbank.com/Home/History|title=History}}</ref>
'''The Shamrao Vithal Co-op. Bank Ltd. (SVC Bank)''' known as '''SVC Cooperative Bank Limited''', is a [[Scheduled Banks (India)|scheduled bank]] in India that was established in 1906, being registered as a Co-operative Credit Society on 27 December 1906. Its main goals when it was established were to encourage saving, help the less fortunate people of the community with their economic endeavours, and to raise money to help deserving members.<ref>{{Cite web|url=https://www.svcbank.com/Home/History|title=History}}</ref>


==History==
==History==
Line 26: Line 26:


==Branches==
==Branches==
The bank is present in 10 States of India: Maharashtra, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Haryana, Goa, Gujarat and Madhya Pradesh.
The bank has 198 branches and is present in 11 States of India:<ref name="ET">{{cite news |last= |first= |date=15 December 2021|title=SVC Co-operative Bank launches loan festival; to offer credit at attractive rates|url=https://economictimes.indiatimes.com/industry/banking/finance/banking/svc-co-operative-bank-launches-loan-festival-to-offer-credit-at-attractive-rates/articleshow/88301545.cms|newspaper=Economic Times}}</ref> [[Maharashtra]], [[Karnataka]], [[Tamil Nadu]], [[Telangana]], [[Delhi]], [[Rajasthan]], [[Haryana]], [[Goa]], [[Gujarat]] and [[Madhya Pradesh]].{{cn|date=December 2024}}


==See also==
==See also==
 
{{Portal|Banks}}
* [[Banking in India]]
* [[Banking in India]]


Latest revision as of 12:02, 9 December 2024


SVC Cooperative Bank Limited
IndustryBanking
Financial services
Founded1906
Founder(s)Late Shamrao Vithal Kaikini (1842-1905)
Late Rao Bahadur Shripad Subbarao Talmaki (1868-1948)
HeadquartersMumbai, India
Key people
Durgesh S Chandavarkar (Chairman)[1]
Ravinder Singh (Managing Director)[2]
ProductsCommercial banking
Retail banking
Private banking
Trade Finance
Asset management
Mortgages
Foreign Exchange
RevenueRs 33,480.61 crore[3]
Rs 176.31 crore[3]
Number of employees
2302 (2023)
Websitewww.svcbank.com

The Shamrao Vithal Co-op. Bank Ltd. (SVC Bank) known as SVC Cooperative Bank Limited, is a scheduled bank in India that was established in 1906, being registered as a Co-operative Credit Society on 27 December 1906. Its main goals when it was established were to encourage saving, help the less fortunate people of the community with their economic endeavours, and to raise money to help deserving members.[4]

History[edit | edit source]

Late Rao Bahadur Shripad Subbarao Talmaki, the Maharshi of Co-operation, was the main architect of the Bank and he named it after Late Shamrao Vithal Kaikini, who was his main guiding force and Guru. The Bank was originally registered as a Co-operative Credit Society on 27 December 1906.[citation needed]

Branches[edit | edit source]

The bank has 198 branches and is present in 11 States of India:[5] Maharashtra, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Haryana, Goa, Gujarat and Madhya Pradesh.[citation needed]

See also[edit | edit source]

References[edit | edit source]

  1. ↑ "UCBs in focus: Shah recognizes SVC, NKGSB & Bassein banks". Indian Cooperative.
  2. ↑ "SVC Bank gets new MD". Economic Times. 4 May 2023.
  3. ↑ 3.0 3.1 "SVC Bank Annual Report 2023 filed under financials section". SVC Bank.
  4. ↑ "History".
  5. ↑ "SVC Co-operative Bank launches loan festival; to offer credit at attractive rates". Economic Times. 15 December 2021.


Stub icon 1 Stub icon 2

This article about an Indian company is a stub. You can help Bharatpedia by expanding it.

Stub icon

This Asian bank-related article is a stub. You can help Bharatpedia by expanding it.

Retrieved from "https://en.bharatpedia.org/w/index.php?title=Shamrao_Vithal_Co-operative_Bank&oldid=455948"
Discover more