Kurnool, also known as the "Gateway of Rayalaseema," lies on the bank of River Thungabhadra in the Indian state of Andhra Pradesh. The city had once been the capital of the state of Andhra Pradesh in the 1950s for three years. The Kurnool city serves as the headquarters of the Kurnool District. The rulers of various dynasties such as the Cholas, the Kakatiyas, the Nawabs and the Mughals have ruled over the city and given it a rich cultural heritage. The modern administration of the city is conducted by dividing it into 50 wards managed by elected representatives. The main economic activity in the city is fuelled by its industries such as mining and agriculture. The city is based has rich resources of various minerals like Iron, Ochre, Quartz, Dolomite, Limestone and Silica. Kurnool serves as an educational hub with institutions and universities like Rayalaseema University, Kurnool Medical College, G Pulla Reddy College of Engineering & Technology, Indian Institute of Information Technology (IIIT) Kurnool, Osmania College, etc. Kurnool draws a lot of tourists each year city and is well known for its excellent tourist destinations like the Belum Caves, Gandikota, Mantralayam, Yaganti Temple, Mahanandi Temple, Kurnool Fort, Kondareddy Burz, Rollapadu Wildlife Sanctuary, etc.
Corporation Bank was started about 111 years ago in 1906, with an initial capital amount of just Rs.5000/-. The bank has recorded Rs. 3,03,185 Crore mark in business, with more than 9900 service outlets across the nation, served by committed and dedicated over 19,000 Corp Bankers. The evidence of its growth can be seen in its financial performance and enviable track record. The prominent reason for bank celebration is empowering the rural and urban population together by being able to participate in nation building. Today, the Corporation Bank is the significant contributor to the growth of the countrys economy. After getting nationalized in 1980, the Corporation Bank evolved and adapted to the financial sector reforms. It became the Second Public Sector Bank in the country to enter capital market, the IPO of which was oversubscribed by more than thirteen times. The Bank took many initiatives in credit services such as Cash Management Services, m-Commerce, " Online " approvals for Educational loans, 100% CBS Compliance and more recently, the bank made an effort in taking the technology to remotest villages through low-cost branchless banking or Business Correspondent model.