The city of Agra is located on the banks of River Yamuna. It is the home to one of the most famous Indian monuments - the Taj Mahal - which is also one of the seven wonders of the world. The city was founded in 1504 by Sultan Sikandar Lodi of the Delhi Sultanate. This iconic city is a part of the northern Indian state of Uttar Pradesh. It is a bustling haven for tourists from around the globe. The city is very close to the national capital of New Delhi. It has a rich historical and cultural background. Agra was the seat of governance under the Sultanate of Delhi for a while and turned into prominent place during the Mughal age. It is undoubtedly one of the most populated cities in UP, whose economy of Agra is essentially driven by tourism. Many historic monuments, forts and ruins such as the Agra Fort, Fatehpur Sikri, Itimad-Ud-Daulah, the Mughal Heritage Walk, Akbars tomb, Mankameshwar temple, Gurudwara Guru Ka Talare etc. dotted all around the city apart from the famous Taj Mahal. Substantial agricultural produce, crafts, textile as well as leather goods also contribute to the economy and employment in Agra. The sweets of Agra are famous throughout the country. The city nurtures a large number of self-employed individuals who run their own small and medium scale businesses.
The Andhra Bank had been nationalized in April 1980. It narrowly escaped nationalization in 1969, when all the banks were having deposits of 50 crores and above were nationalized. It was the number one bank among private sector banks from 1969 to 1980. In 1980, more banks with deposits of 200 crores were nationalized. Andhra Bank has its head office in Hyderabad, Telangana, India. C V R Rajendran, chairman and managing director of Andhra Bank was appointed by the finance ministry, earlier worked as executive director at Bank of Maharashtra. The Andhra Bank was the prominent bank in introducing credit cards in India. Also, it is the first bank to issue travelers cheques in Foreign Currency and to launch insurance linked deposit schemes. Though it used to have most of its branches in Andhra earlier, now it has spread itself all across the country. Bhogaraju Pattabhi Sitaramayya founded Andhra Bank in 1923 in Machlipatnam, Andhra Pradesh. Two of Indias public sector banks ? Bank of Baroda (44%) and Andhra Bank (30%), and UKs financial and investment company (26%) established IndiaFirst Life Insurance Company as a joint venture in November 2009.