Kavali is situated in the Nellore district of Andhra Pradesh. It is a major municipal corporation in Andhra Pradesh and also the second largest city in the Nellore district. The city has around 1 lakh residents who mostly speak in Telugu. The name of this city was coined by Potuluri Veerabrahmendra Swami. It means patrol in the local language. This is because the Udayagiri king, Harihara Rayulu, had stationed his army at this town in 1515. Kavali is often referred to by the name "Kanakapatnam" which means "wealth will flow into this place." Kavali is a seaside town, located 8 kilometers away from the Bay of Bengal coastline. The National Highway 16 and the Kavali railway station on the Howrah-Chennai main line ensures a great connectivity to this city. Apart from the government-run and private educational institutions, the Visvodaya group has set up many schools and colleges at Kavali. This scenic city provides a pleasant environment to live in, away from the busy city life and traffic.
The Andhra bank was registered on 20 November 1923 and began business on 28 November 1923. In 1956, the idea of linguistic division of States was promoted, and consequently, Hyderabad became the capital of Andhra Pradesh. Subsequently, the registered office of the bank was moved to Andhra Bank Buildings, Sultan Bazar, Hyderabad. In April 1980, the Andhra Bank became a wholly owned Government bank after getting nationalized in the second wave of nationalization of commercial banks. The bank joined with Bharat Lakshmi Bank and further strengthened its position in Andhra Pradesh in 1964. IndiaFirst Company is a merger between two of the public sector banks of India ? Bank of Baroda (44%) and Andhra Bank (30%), along with 26 % share of UKs financial and investment company Legal & General. It was established in November 2009 and has its base in Mumba. It is the first life insurance company to be sent for ISO certification within seven months of its incorporation. The internet banking was introduced by the Andhra Bank to enable its customers to avail railway ticket booking facility online through the separate gateway. The bank had received the best banking technology award by IDRBT, Hyderabad for maximum use of IT in the semi-urban and rural areas.