Awards banner Awards banner.

Awards

Recognition of excellence

  • Honoured with ET Now’s ‘Best Organisations to Work 2025’ award. The award was presented by Smt. R. Vimala, IAS, Resident Commissioner, Secretary, Government of Maharashtra, and received on behalf of the Bank by Shri. Ravinder Singh, Managing Director – SVC Bank, and Shri. Ashish Aldangadi, Deputy General Manager – HRM, Admin, Procurement, Premises & Development.
  • Honoured with the ‘Best Urban Co-operative Bank of the Year’ award for the fourth consecutive year at the India Banking Summit & Awards 2025, held at Hotel Radisson Blu, Marol, Mumbai. The award was received by Shri. R. Janakiraman, Chief General Manager – Treasury, and Shri. Rahul Bhatnagar, Senior General Manager – Corporate Banking, on behalf of the Bank.
  • Honoured with The Leader Award at the 9th All India UCB Summit & Award Ceremony 2025, held on 9th May 2025 in Mumbai. The prestigious award was received by Shri. Saket Maheshwari, General Manager – Chief Financial Officer, SVC Bank.
  • Awarded Best CFO for exceptional calibre and contribution to the world of Finance – Shri. Saket Maheshwari, Chief Financial Officer, SVC Bank, by CFO India at the 15th Annual CFO100 2025 Roll of Honour under the Corporate Governance & Compliance Category in Mumbai
  • Honoured with Tech-Savy Legendary Bank Award at the 4th edition of the NavaBharat-CSR Summit and Awards. The award, presented by Shri. Rahul Narwekar, Speaker of the Maharashtra Legislative Assembly, was received by Shri. Navin V. Rao, General Manager - Retail Banking, Mumbai, Gujarat & North Region, and Wealth Management, and Shri. Harish G. Aldangadi, Deputy General Manager - Retail SME, SVC Bank. The event was held on 4th February 2025, in Mumbai.
  • Honoured with BANCO Blue Ribbon 2024 Award, First Honour, under the Urban Co-operative Banks – Deposits above INR 15,000 Crores during the event held from 27th – 29th January 2025 at Aamby Valley City Lonavala. The prestigious award, presented by Shri. Bhargeshwar Banerji, Former Chief General Manager – Reserve Bank of India, was received by Shri. R. Janakiraman, Chief General Manager – Treasury, SVC Bank.
  • Shri. Durgesh Chandavarkar, Chairman, SVC Co-operative Bank Ltd., awarded Visionary Leader in Corporate Sector, at the hands of Smt. Shyamala Gopinath, Former Deputy Governor – Reserve Bank of India and Smt. Girija Subramanian, Chairman and Managing Director (CMD) – New India Assurance, at CONNECT – Future Ready Leaders in Viksit Bharat (Season 4), on 24th January 2025, in Mumbai.
  • Honoured with ‘Special Mention - The Best Technology Bank’ in the category of Co-operative Sector Banks – at the hands of Shri. T. Rabi Sankar, Deputy Governor – Reserve Bank of India, at the 20th Annual Banking Technology Conference – Expo and Citations, 2024, held on 24th January 2025, in Mumbai.
  • Honoured with the 'Best Annual Report' Award in the Large Urban Co-operative Banks category at the prestigious 18th Frontiers in Cooperative Banking Awards (FCBA) 2024 presented by Shri. Laxmi Dass, President - NAFCUB at a ceremony held in Lucknow on 18-19th October 2024.
  • Honoured as the Third Best Bank in the ‘Banks with over ₹5,000 crore deposits’ category by The Maharashtra Urban Co-op Banks’ Federation Ltd., recognizing SVC Bank’s commitment to quality banking. The award was received by Shri. Ajay Sonarikar and Shri. Raghupathy Parameshwar. Presented by Shri. Murlidhar Mohol, Union Minister of State in the Ministry of Civil Aviation and Minister of State in Ministry of Cooperation, GOI, at a ceremony on September 28, 2024, in Pune. Dignitaries present included Shri. Satish Kashinath Marathe, Director, Central Board of the Reserve Bank of India; Shri. Deepak Taware, Commissioner of Cooperation; Shri. Ajay Bramhecha, Chairman, The Maharashtra UCB Federation; and Shri. Milind Kale, Chairman, Cosmos Bank & Vice President of NAFCUB.
  • Awarded at the hands of Shri. Amit Shah - Honourable Union Minister of Home Affairs and Cooperation, GoI, in recognition to SVC Bank’s contribution to the paid-up capital of National Urban Co-operative Finance And Development Corporation Limited (NUCFDC) for the solidarity of the UCB Sector and for the principle of Cooperation among cooperatives by NUCFDC
  • Awarded Best Chairperson of the Year – Shri. Durgesh Chandavarkar, Best Woman Leader of the Year – Ms. Ashwini Vinekar and Best Cybersecurity Initiative of the Year – SVC Bank, by Bharat Ratna Sahakarita Samman 2024 on May 22, 2024, Mumbai
  • Honoured as Urban Co-operative Bank of the Year at the India Banking Summit & Awards 2024
  • Honoured with the Tech Team of the Year Award in the Banking Leadership Category and the Risk Management and Compliance Excellence Award in the Banking Tech Project Special Recognition Category at the prestigious ICONIC Leaders Award 2024 and the UCB Top 100 CXO Summit
  • Recognised as one of the Best Organisations for Women 2023 by Economic Times.
  • Felicitated as the ‘Best Urban Co-operative Bank of the Year’ at the India Banking Summit & Awards 2023.
  • Recognised as ‘Outstanding Cyber Security Team in Co-operative Bank’ at the Cyber Frauds, Investigations, Forensics & Security Conference 2023 - CSI Mumbai Chapter. 
  • Recognised as ‘Best Bank’ by Maharashtra State Sahakari Bank Association Limited for the year 2021-22.
  • Awarded under 'Best Risk Management Initiative' & 'Best Security Initiative' (Large UCB categories) at the 17th Frontiers in Cooperative Banking Awards by Banking Frontiers
  • Recognised with the Economic Times Best BFSI Brands 2023 felicitation at the 6th edition of The Economic Times Best BFSI Brands Conclave.
  • Honoured with the Banco Blue Ribbon 2022 Award as first rank in the Urban Co-operative Bank Category - Deposits above Rs 15,000 crore.
  • Best Credit Growth’ and ‘Best Fintech Engagement’ in Large UCB category, Banking Frontiers FCBA 2022, at the hands of Shri. Suresh Prabhu - Former Union Cabinet Minister.
  • Best Bank Award 2022’ (Banks having deposits above INR 5,000 Crores) from The Maharashtra Urban Co-op. Banks’ Federation Ltd.
  • Most Innovative Retail Bank’ by Navbharat BFSI Awards 2022
  • Awarded at the hands of Shri. Amitbhai Shah - Hon'ble Union Minister of Home Affairs and Cooperation, GoI, for 100+ years of dedicated service in the Co-operative Banking Sector at National Conclave of Scheduled & Multi-state Urban Cooperative Banks & Credit Societies by NAFCUB, Vigyaan Bhavan, Delhi.
  • Co-operative Bank of the Year' at the 6th Annual India Banking Summit & Awards 2021-2022
  • Outstanding response to COVID 19’ at Cooperative Banks Ingenious Leader Summit & Awards 2022
  • Data Centers Award’ & ‘Enterprise Security Award’ at Express BFSI Technology Awards 2022
  • Best Co-operative Bank,’ ‘Best ePayments Initiative’ and ‘Best 3rd Party Business Growth’ Awards (Large UCB Category) at Frontiers In Co-operative Banking Awards (FCBA) and National Co-operative Banking Summit (NCBS) F.Y 2020-21, by Banking Frontiers
  • ‘Best BFSI Brand Award 2021’ at the 4th Edition of The Economic Times Best BFSI Brands
  • ‘Best ePayments Initiative’ Award at Frontiers In Cooperative Banking Awards, by Banking Frontiers
  • ‘Best Bank - Co-operative Sector’ at World Leadership Awards – Business Leader of the Year
  • Best Co-operative Bank’ at National Awards for Excellence in BFSI by World HRD Congress
  • ‘Best Co-operative Bank’ and ‘Most Future Ready Bank’ at ET NOW - World BFSI Congress & Awards
  • Best Bank - Co-operative Segment' at ABP News BFSI Excellence Awards, by World Marketing Congress
  • 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
  • First prize (Banks having deposits above INR 2,000 Crores) for 2018-19 by The Brihan Mumbai Nagari Sahakari Banks Association Ltd., Mumbai
  • Recipient of Best Urban Co-operative Bank Award 2017-18 by Brihan Mumbai Nagari Sahakari Banks Association Ltd., Mumbai.
  • Maharashtra Best Employer Awards - 2018 by World HRD Congress
  • Indian Affairs Most Promising & Best Managed Co-operative Bank 2018 Award and Certificate of Excellence at  9th Annual India Leadership Conclave & Indian Affairs Business Leadership Awards 2018
  • Outstanding performance in NFS ATM Network & CTS awarded by National Payments Corporation of India (NPCI)
  • IBA Banking Technology Awards 2017 For Technology Bank Of The Year (Runners up) in category of Co-operative Banks.
  • Economic Times Best BFSI Brands 2016 award in the Banking category.
  • ABP News BFSI Award for Best Co-operative Bank
  • IBA Banking Technology Awards For Technology Bank Of The Year.
  • CSI Awards For Excellence In IT-2014, Winner In BFSI Category.
  • Best Managing Director award - FY13-14 to Shri. Shrinivas Joshi by The Maharashtra State Cooperative Banks’ Association Ltd., Mumbai.
  • National Payments Excellence Awards 2015 under the categories NFS ATM Network & CTS
  • Best Chairman Award to Shri. Suresh Hemmady, at the National Co-operative Banking and the Frontiers in Co-operative Banking Awards Summit 2014 organized by Banking Frontiers.
  • EDGE Silver Award 2014 - Enterprises Driving Growth and Excellence (using IT) - from Information week Magazine Silver Award 2014.
  • CIO 100 - 'Dynamic 100' Award 2014 - from CIO Magazine.
  • Bank has been conferred with “BEST CO-OPERATIVE BANK” at the 'LOKMAT Banking, Financial Services & Insurance Awards.
  • SVC Bank has been awarded the INFOSEC MAESTROS Award 2014 by the Infosecurity Live Magazine in recognition of the Information Technology Security, initiatives undertaken by the Bank.
  • Shri. Shrinivas Joshi, Managing Director of the Bank has been awarded as “Best CEO” by Banking Frontiers Magazine on 22nd October, 2013
  • Recipient of “ BEST IT ENABLED COOPERATIVE BANK AWARD” from The Institute for Development and Research in Banking Technology (IDRBT) - Excellence In Banking Technology Awards at the hands of the RBI Governor Dr. D. Subbarao.
  • Recipient of “CIO100 Award 2013” and “Green Crusader Award 2013” in recognition of SVC’s Green IT initiatives in India .The award was presented to Shri. Ravikiran Mankikar(CGM-IT) by Shri. Louis D’Mello President and CEO of IDG Media.
  • Recipient of Runner up award of “Vision 2020 Award” by NAFCUB at the Vision 2020 Banking Conclave organized by National Federation of Urban Cooperative Banks & Credit Societies Ltd. (NAFCUB) at Bangalore. In the categories given below:
    • Banking Business
    • CRAR
    • Net Profit after tax - as a %age of total assets
    • Non-interest income - as a %age of working fund
  • Recipient of “ BEST IT ENABLED COOPERATIVE BANK AWARD” from The Institute for Development and Research in Banking Technology (IDRBT) - Excellence In Banking Technology Awards at the hands of the RBI Governor Dr. D. Subbarao.
  • Recipient of Brihan Mumbai Nagari Sahakari Banks Association Award for its performance in the Banking sector for the year 2010-11
  • SVC Bank bags Best CBS Project Award 2012 from Banking Frontiers at the BFCA Award Ceremony held at Lavasa on 12th October 2012
  • Receipient of the IBA Banking Technology Awards 2010 at the august hands of H.E. Dr. A.P.J. Abdul Kalam the former President of India.
  • Recipient of the "Banking Frontier IT Awards" 2010 for Innovations in Operational Efficiency
  • Recipient of the "Banking Frontier IT Awards" 2010 for Innovations in NPA Management
  • Recipient of the "Banking Frontier IT Awards" 2010 for Innovations in Statutory Compliance
  • Recipient of the "Banking Frontier IT Awards" 2010 for Innovations in Best Data Centre
  • Recipient of the "Banking Frontier IT Awards" 2010 for Innovations in Data Centre Virtualization
  • Recipient of the Runner-up award of the "Banking Frontier IT Awards" 2010 for Excellence in Customer Service
  • Recipient of the “Best Customer Initiative Award” 2009 by the Indian Bankers Association for its achievements in providing excellent customer service through the Bank's In House software.
  • Recipient of the “Banking Frontier Winner Award” 2009 for “Best Data Centre
  • Recipient of the “Banking Frontier IT Runner-up Awards”2009 for Excellence in Networking
  • Recipient of the “Banking Frontier IT Runner-up Awards”2009 for NPA Management
  • Recipient of the “Banking Frontier IT Runner-up Awards” 2009 for Excellence in Marketing Risk Management
  • Recipient of the “Banking Frontier IT Runner-up Awards” 2009 for Excellence in Marketing
  • Recipient of the “Banking Frontier IT Awards” 2008 for Innovations in Customer Service
  • Recipient of the “Banking Frontier IT Awards” 2008 for Innovations in MIS
  • Recipient of the “Banking Frontier IT Awards” 2008 for Innovations in Decision Support
  • Recipient of the “Banking Frontier IT Awards” 2008 for Innovations in Cross Selling
  • Recipient of the “Banking Frontier IT Awards” 2007 for Best Core Banking Implementation
  • Recipient of the “Banking Frontier IT Awards” 2007 for Best Payment System Initiative
  • Recipient of the “Banking Frontier IT Awards” 2007 for Best Product Innovation
  • Recipient of the “Banking Frontier IT Awards” 2007 for Best IT Infrastructure
  • Recipient of the “Banking Frontier IT Awards” 2007 for Best Wide Area Network (WAN) Implementation
  • Recipient of the “Banking Frontier IT Awards” 2007 for Best Overall IT Strategy
  • Shortlisted for the “CIO100 Awards 2007”
  • Recipient of the “Best IT Implementation Award 2006” by PCQuest – Cyber Media (India)
  • Recipient of “CIO Gold Award 2006” by CIOL DataQuest – Cyber Media (India)
  • Recipient of the “Best Co-operative Bank Award” for 2006 by the Indian Bankers Association
  • Recipient of the “Outstanding Achiever of the Year Award” for 2006 by the Indian Bankers Association
  • Recipient of the “CTO of the Year 2006 Award” by the CTO Forum
  • Recipient of the Runner-up award of the “Best Use of IT in Retail Banking” for 2005 by the Indian Bankers Association
  • Finalist for the “CTO of the Year 2004 Award” by Network Computing Magazine