The growing city of Khammam is located in the district of the same name in the Indian state of Telangana. It also functions as the headquarters of the Khammam district and the Khammam mandal. The citys was once called "Kammam mettu." Munneru, a tributary of River Krishna, flows through this city. Khammam receives much higher annual rainfall than the rest of the state and hence the city has been flooded a few times recently. The city is governed by Khammam Municipal Corporation. Administratively, the city is divided into 41 election wards and 11 revenue wards. There are several colleges in Khammam that offer courses in pharmacy such as Khammam college Of Pharmaceutical Sciences, Browns College Of Pharmacy, etc. The Khammam Fort was constructed in 950 AD by the Kakatiya Dynasty. The fort is perched on a hillock overlooking the city and serves as a major tourist attraction. The Lakaram Lake is also another major tourist attraction. Apart from these, there are quite a few other places in and around the city that are appealing to tourists. Ballepalli, Bhadrachalam, Parnasala, Nelakondapalli are a few among them.
The Central Bank of India was found on 21st December 1911. Its head office is in Mumbai. The stocks of the bank are listed on Bombay Stock Exchange and National Stock Exchange in India. In 1938, the Barclays bank acquired the Central Bank Exchange of India. In 1963, Central Bank of Indias operations in Burma was nationalized by the government of Burma, and it became Peoples Bank No. 1. In 1969, the Central Bank was nationalized by the Indian Government on 19 July, together with 13 others.In the year 1980, Central Bank of India was one of the first banks in India to issue credit cards in collaboration with MasterCard. For the year ended 2013, Central Bank of India announces that the total business of Rs. 402000 Cr and the net profit of Rs. 1015 Cr. A new CMD, Mr. Rajiv Rishi was appointed by the Central Bank of India on 1 August 2013, who was previously ED of Indian Bank and General Manager of OBC. On 1 November 2013, the bank opened its second representative office in Hong Kong.