Mumbai : SVC Co-operative Bank Ltd. (SVC Bank – formerly known as The Shamrao Vithal Co-operative Bank Ltd.) with a rich history spanning 117 years, proudly announces the receipt of the esteemed Certificate of Appreciation from the Honourable Union Minister of Home Affairs and Cooperation, Shri. Amit Shah. This recognition applauds SVC Bank’s contribution to the paid-up capital of the National Urban Co-operative Finance and Development Corporation Limited (NUCFDC), highlighting its dedication to fostering cooperation among cooperatives and strengthening the Urban Cooperative Banking (UCB) Sector. The accolade was presented during an event organized by NUCFDC on 2nd March 2024 in Delhi.
The Chairman of SVC Bank, Shri. Durgesh Chandavarkar, received the certificate from Shri. Amit Shah, Union Minister of Home Affairs and Cooperation, in the esteemed presence of distinguished dignitaries including Shri. B L Verma – Union Minister of State for Cooperation, Dr. Bhagwat Kishanrao Karad – Union Minister of State for Finance, Dr. Ashish Kumar Bhutani – Secretary of the Ministry of Co-operation, Shri. Vivek Joshi – Secretary, Department of Financial Services, Govt. of India, Shri Jyotindra Mehta – Chairman of NUCFDC, and Shri. Laxmi Das – Chairman of National Federation of Urban Cooperative Banks and Credit Societies (NAFCUB).
“As Chairman of SVC Bank, I am deeply honoured to receive this prestigious Certificate of Appreciation from Hon’ble Union Minister Shri. Amit Shah. This recognition reaffirms SVC Bank’s commitment to fostering cooperation and supporting the growth of the cooperative banking sector. We are proud to contribute to the NUCFDC and remain dedicated to empowering UCBs across the country. This accolade is a testament to the collective efforts of our team and our unwavering commitment to excellence in service,” said Shri. Durgesh Chandavarkar, Chairman of SVC Bank.
The Certificate of Appreciation acknowledges SVC Bank’s commitment to the solidarity of the UCB sector and adherence to the principle of cooperation among cooperatives. The Bank cherishes this honour and is motivated to continue its endeavours in fostering a stronger, more cooperative banking community. The Bank extends its gratitude to the Government of India, NUCFDC, and all participating entities for the recognition and support, in its mission to empower UCBs across the nation.
