Vijayawada, known as Bezawada in the local language, is located on the banks of Krishna river in the Indian state of Andhra Pradesh. Vijayawada is the 2nd most populous city in the state and it will soon become one of the satellite cities to the new state capital. The city works as a gateway to the rest of the country for the coastal agrarian regions of Andhra Pradesh. It also boasts of a high GDP. Vijayawada is surrounded by River Krishna which contributes to the fertile agricultural soil. Prakasham Barrage is one of the most recognizable and well-known landmarks of the city. The latest administration of the city is carried out by dividing the city into 59 wards. The economy in the city depends on agriculture along with other modern industries such as textile, automobile, hardware, consumer goods and other SMEs. There are a few large industrial estates located in and around the city which are known for heavy industries and the small-scale manufacture of auto components. Vijayawada is a major hub for education. There are many government-run and private academic institutions in the city like the SRR & CVR Government College, Andhra Loyola College, V R Siddhartha Engineering College, School of Planning and Architecture.
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.