SVC Bank continues to win laurels for best banking experience among the co-operative banks

SVC Bank recently bagged ‘Best Bank – Co-operative Segment’ Awards at ABP News BFSI Excellence Awards, by World Marketing Congress

· In 2019 alone, it has won three other excellence awards for its products and solutions at independent platforms

10th December 2019; Mumbai: SVC Bank (SVC Co-operative Bank Ltd.), one of the leading co-operative banks in the country continued to win laurels at independent platforms for its quality of servicing and personalized banking solutions. Recently, the Bank added ‘Best Bank – Co-operative segment’ Award at the ABP News BFSI Excellence Awards, by World Marketing Congress. Prior to this, the Bank in 2019 has already bagged three other prestigious awards including Best E-Payments Initiative’ and ‘Best Debit Card Initiative’ awards (Large UCB Category) at Frontiers of Co-operative Banking Awards (FCBA) 2019, by Banking Frontiers and First prize (Banks having deposits above INR 2,000 Crores) for 2018-19 by The Brihan Mumbai Nagari Sahakari Banks Association Ltd., Mumbai.

Commenting on the wins, Mr. Ajit Venugopalan, Managing Director, SVC Bank, said, “Admirations and awards are great moments – made possible by the singular dedication of each and every member of team SVC Bank – towards achieving customer delight. Hence I would like to dedicate all such laurels to our motivated team and their families who inspire them to work tirelessly towards achieving amazing feats together.”

SVC Bank also recently launched a suite of new product line comprises of five products and solutions, namely – Gold and Silver accounts for salaried professionals; Pearl, Premier and Silver Plus – Current accounts for MSME businesses and Large corporates; and, Classic Savings Account – for retail banking customers. The Bank also relocated its International Banking Division to a new premise in Mumbai. The Bank was among the first few co-operative banks in the country to get the Authorized Dealer Category I License (Independent Forex Operations) from RBI, in December 2007. In July 2008, it launched its International Banking Division, which today handles more than Rs. 3,000 crore forex business.

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