Tenali is located in the Guntur district of Andhra Pradesh. The Tenali Mandal and the Tenali revenue division are headquartered in this municipal town. Tenali is renowned for its art, cultural, drama and is hence often referred to as the Andhra Paris. It is a part of the capital region of Andhra Pradesh. Tenali is well connected to all the villages nearby. People from the rural areas often travel to Tenali to seek work. The city is rapidly developing. It has many modern amenities such as access to theatres, parks, shopping complexes, etc. Tenali is known for its three canals that run parallelly with roads in between. Tenali Ramakrishna, one of the 8 poets and court jesters of King Krishnadevaraya was from Tenali. The Andhra?Satavahana dynasty had ruled over the region from 225 B.C. to 225 A.D. Jainism and Buddhism flourished in the area as per the relics found in the excavations around the city. Tenali thrives on agriculture and trade. The Krishna River provides irrigation to the agricultural lands around the city. The major crops cultivated at Tenali include black gram, maize and jowar. Trading and exporting agricultural products take place at the Tenali Agriculture Market yard. The Vaikuntapuram Venkateswara temple, the Iglesia Ni Cristo church and Chinaravuru park are places worth visiting in Tenali.
In 1964 the head office of Indian Overseas Bank was inaugurated at Mount Road. The Indian Overseas Bank has been the first public sector bank to introduce mobile banking services using Wireless Application Protocol(WAP). On 29 August 2003, the Indian Overseas Bank has opened an extension counter at Bambalapitiya, Ceylon. In 2005, the IOB began a representative office in Guangzhou; China followed which the bank opened another representative office in Kuala Lumpur and Dubai, UAE. In 2007 The bank took over Bharat Overseas Bank. After three years, Malaysia granted a commercial banking license to a local bank jointly owned by Bank Of Baroda, Indian Overseas Bank, and the Andhra Bank. The new bank named, India International Bank (IIB Malaysia), began its operations in 2012 in Kuala Lumpur and had a large population of Indians. The Andhra Bank has a 25% stake in its joint-venture, BOB owns 40%, and remaining 35% is with IOB. On 31 August 2013, the Indian Overseas Bank has incorporated an offshore banking unit in Colombo, Sri Lanka. The bank also converted its existing Extension Counter at Ceylon into a full-fledged branch. In 2014-15, the IOB bank has crossed the target of 3000 ATMs as on 2014.IOB also launched m passbook app as a new mobile banking initiative.