suryapet is the headquarter of the Suryapet district in Telangana. The Government of India had announced Suryapet to be developed under the AMRUT scheme or the Atal Mission for Rejuvenation and Urban Transformation scheme. In Swachh Survekshan 2017, the Ministry of Urban Development awarded the title of the "Cleanest city" in South India to Suryapet. The city has direct connectivity via four-lane express highway to Hyderabad and to Vijayawada. National Highway 65 passes through Suryapet. It is often called the "Gateway of Telangana." The city was earlier known as Bhanupuri but has been modernized into the name Suryapet. The area has been ruled by the Chalukyas, the Kakatiyas and the Nizams of Hyderabad. The city has more than 1 lakh residents. Telugu and Urdu are the most commonly used language in Suryapet. The city has ample government schools to impart primary and secondary school education. The city has quite a few aided and private schools and colleges. It is well connected to the nearby areas through railway and road transport.
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.