Bangalore: SVC Bank, formerly known as The Shamrao Vithal Co-operative Bank Ltd, a multi-state scheduled bank in India, commemorated its Foundation Day, marking the milestone of entering its 120th year of commitment to ethical banking, customer centricity, and inclusive financial growth. Founded in 1906, the Bank has consistently upheld the cooperative spirit while evolving with changing times to meet the financial needs of individuals, businesses, and communities.
Speaking on the occasion, SVC Bank’s Chairman, Shri. Durgesh Chandavarkar, said, “Our journey into the 120th year reflects the confidence and trust reposed in us by our customers, members, and stakeholders across generations. This long-standing association has shaped our values and guided our approach to cooperative banking. As we honour and reflect on this legacy, we remain firmly focused on strengthening governance, deepening transparency, and responsibly leveraging technology to enhance efficiency and customer experience. Guided by these principles, we are committed to building a resilient, future-ready cooperative bank that continues to support sustainable growth and meet the evolving expectations of our stakeholders.”