The city of Nandyal is situated in the Kurnool district of Andhra Pradesh. It functions as a municipality as well as the headquarter of the Nandyal Mandal in the Nandyal revenue division. There are over 2 lakh residents in this city and they speak in Telugu. The City was earlier known as Nandalluru. It receives its name from Nandi, the vehicle or "vahana" of Lord Shiva. The word Aalaya means house or abode in Sanskrit. The city of Nandyal is surrounded by nine Nandis. Hence, it was named as Nandi Aalaya. Over the time, the name got modified to Nandyala or Nandyal, which is the present name of the city. Nandyal is surrounded by nine temples of Nandi, the bull. These bull temples are collectively known as the Nava Nandi. The largest Nandi idol in the city is in Sri Yaganti Uma Maheswara Temple. The Archaeological Survey of India claims that the rock grows at a rate of 1 inch in 20 years. Nandyal is a major hub of industries as well as agriculture. The city is rich in natural resources like marble. Additionally, there are numerous rice mills and oil mills in the area apart from a few industries that produce milk, soft drinks, sugar, PVC pipes, etc. A few famous companies like Milk Dairy, Nandi Polymers, S. P. Y. Agro and Nandi Steels have set up their units in the city.
The KBL is a scheduled commercial banking company headquartered in Mangaluru, Karnataka, India. The tagline of the Karnataka bank is "Your Family Bank Across India".The Karnataka Bank Limited had received the Sun and NDTV Green IT Award in August 2008.The Sun Microsystems and NDTV awarded the Karnataka bank for admiration of its green policies and usage of earth-friendly technology like solar power. For the year 2010-11, the bank had achieved the Best Bank Award for "Managing IT Risk" under small bank category, instituted by IDRBT. Shri Anand Sinha, former deputy governor, RBI, and chairman of IDRBT gave the award to Shri P. Jayarama Bhat, Managing Director of the Karnataka Bank on 4 August 2011 in front of Shri B. Sambamurthy, Director of IDRBT. The Karnataka Bank Limited signed an MOU in the year 2000 with Infosys Technologies for developing a core banking solution called Finacle. The bank had a network of over 221 branches as of 31 March 2004. The main objective of the bank is "Anytime/Anywhere banking." The Karnataka bank signed a pact with Corporation Bank for sharing its ATMs. The bank introduced the Moneyplant card that enables its customers to withdraw money from their bank accounts anywhere.