Tadepalligudem, also known as TPG, is located in West Godavari in the state of Andhra Pradesh. It has a municipality and the headquarters of Tadepalligudem is situated in the Elluru division. The demographics of the city is fascinating with the sex-ratio at 1022 females per 1000 males. The population constitutes of 51,378 males and 52,528 females and the total population adds up to 103,906. One of the striking features of this city is the high literacy rate, 83.10% much higher than the national literacy rate of 73%. It is not surprising that the city has a large number of schools and colleges. The towns and cities surrounding Tadepalligudem include Bhimadalu, Dabacherla, Madhavaram etc. The historical significance of Tadepalligudem in World War 2 cannot be overstated. It was a military base for the East India Company and the Britishers constructed an airport in the city for sending military off to the War. However, the airport has not been modified for commercial use, once it is renovated suited for commercial purposes, the trade and commerce in the city can also improve. Tadepalligudem is famous for its jaggery market and rice cultivation. While Maharashtra has the tag of the largest producer of jaggery, Tadipalligudam is considered as the chief producer of jaggery. Tadepalligudem has the largest rice mill in the entire district. Along with rice mills, food, fat and fertilizer industries are also moderately successful in this region. Transportation is a big industry in this town, with more than 6000 transport vehicles, the transport industry of Tadepalligudem is comparable to the coastal capital of Andhra Pradesh, Vijayawada.
Under the Companies Act of 1913, South Indian Bank was registered as a Private Limited Company and started operations on 29th January 1929 at Round South, Thrissur. South Indian Bank Limited is based at Thrissur in Kerala, India. It has 852 branches, four service branches,56 extension counters, and 20 Regional Offices spread across the states and union territories of India. Under Financial Inclusion till date, the bank has covered more than 100 villages and 15 urban centers and opened more than ten exclusive FLC Centres in the bank premises, which spreads across the states of Kerala, Andhra Pradesh, Tamil Nadu, and Chhattisgarh. SIB has appointed direct Business Correspondents in the allocated rural areas under the supervision of a team of officers in the FIP Cell - Head Office. Recently "KIOSK Banking Model" is introduced by the bank as Financial Inclusion Initiative in collaboration with Akshaya e-centres in Kerala state through the software service provider - M/s Tata Consultancy services. The kiosk is a kind of banking model for people who are living in areas where banking facilities are not available so that they can avail necessary banking facilities from a nearby service center or Business Correspondent Office without visiting a regular bank branch. Basic banking needs of the public like the opening of an account, deposit and withdrawal of cash, etc. can be availed from these common service center/BC Office.