secunderabad is the twin city of Hyderabad. It is located in the Indian state of Telangana. It was named after Sikandar Jah, who was the 3rd Nizam of the Asaf Jahi dynasty. Hence it is sometimes spelled as Sikander-a-bad. Secunderabad was a British cantonment, founded in 1806. Secunderabad and Hyderabad are together referred to as the twin cities but they have very different histories and cultures. Secunderabad had developed directly under the British rule until independence whereas Hyderabad was a princely state and the capital of the Nizams. Secunderabad and Hyderabad were earlier divided by the Hussain Sagar lake. However, Secunderabad has been integrated into Hyderabads GHMC municipality. The two cities are collectively known as Hyderabad, Indias fifth largest metropolis. Secunderabad is one of the largest army and air force cantonments in India. The city hosts prestigious educational institutions like the Nizam College and the Osmania University. ITC, Infosys, Intergraph and Coromandel International are few of the many private companies that have set up their offices in Secunderabad. Secunderabad railway station is the headquarter of South Central Railway and it is a major center for railway activity. The city has several industrial areas such as Bolarum, Nacharam, Moula-Ali, Ghatkesar, etc. The Department of Atomic Energy has several units in the city like Atomic Minerals Directorate for Exploration and Research, Nuclear Fuel Complex, ECIL, etc. located in and around Secunderabad.
The Vijaya Bank was founded by a group of farmers under the leadership of A. B. Shetty on 23 October 1931, in Mangaluru, Dakshina Kannada District of Karnataka State. It was named Vijaya Bank since it was found on the auspicious Vijayadashami Day. During the economic chaos created out of the Great Depression of 192730, Shetty approached some eminent personalities to start a bank with the aim of providing credit facilities at a lower rate of interest to the farmers for cultivating their lands and preventing them from falling in the grasp of money lenders. On 23 October 1931, Mr.Shetty involved 14 leaders and established Vijaya Bank. The bank had an authorized capital of ?Five lakh and an issued capital of ?Two lakh in the beginning. Being a retail bank, its topline growth has come from the retail segments. Retail advances of the bank constitute 30% of the gross credit. The Bank has been actively working with the agenda of financial inclusion. The bank has been started with the objective of financial empowerment and providing banking services to the rural masses. The Vijaya bank has also opened Basic Savings Bank Accounts under Pradhan Mantri Jan Dhan Yojana and provided Rupay debit cards to all the account holders. The bank participated in promoting social security schemes such as Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, and Atal Pension Yojana.