The city of Chittoor is also the district headquarter of the Chittoor district in the Indian state of Andhra Pradesh and thus there are many district-level government institutions in this city. Chittoor also functions as the headquarters of the Chittoor Mandal and the Chittoor revenue division. The city has a population of more than 3.5 lakh residents who majorly speak in Telugu. However, the city also houses many Tamil, Kannada and Marathi speaking people. Chittoor is located in the southernmost part of Andhra Pradesh, on the banks of River Neeva. The economy of Chittoor is predominantly run by its agro-market. The city witnesses the production and trade of mango, grain, sugarcane and peanut. Tomato farming in Chittoor contributes to over 20% of the States production of tomatoes. The other industries in the region include oilseed, poultry and milk. It is the second largest milk producing district in the state and has an expansive dairy industry. Chittoor is also known for its textile industry. Silk is weaved in 13,000 power looms, providing employment to more than 40,000 workers. The granite industry is also known for its production of black, pink and grey granites. The historical Chandragiri Fort from the 11th century is the most notable landmark near Chittoor. Ardhagiri Anjaneyaswamy temple and Swayambu Varasidhi Vinayakaswamy temple are other notable landmarks in and around Chittoor.
The Indian Bank was founded on 15th August,1907. Fourteen top banks were nationalized by the Indian Government on 19th July,1969, including Indian Bank. As a result of the nationalization, the branches of nationalized Indian banks in Malaysia were forbidden to continue operations as parent branches. At that time, Indian Bank had three offices. In 1973, the three branches merged to establish United Asian Bank Berhad and take over their Malaysian operations. After the nationalization, Indian Bank was left with only two foreign offices, one in Colombo and the other in Singapore. The International expansion resumed in 1978 with Indian Bank becoming a technical adviser to PT Bank Rama in Indonesia. Two years later, Indian Bank, BOB, and UBI established Indian Union Bank International Finance, in Hong Kong. The three banks had an equal share in the joint venture; the Indian Banks Chairman became the first Chairman of IUB International Finance. In May 1980, the Indian Bank also opened a foreign currency unit at its branch in Colombo. In 1981, the Indian Bank set up its first Regional Rural Bank, in Chittoor.