Firozabad, a city in the Indian state of Uttar Pradesh, is commonly known by its nicknames "Suhag Nagari" and "The city of Glass." It was earlier known as Chandwar Nagar which was changed to Firozabad after a local champion named Firoz, during the rule of Emperor Akber. The city has been famous for glass and bangle works since these early days and hence its nicknames are extremely appropriate. The glass bangles and related small-scale industry of Firozabad are famous throughout the world. Firozabad suffers from low literacy levels and pollution. Child labor is intensely practiced in this city. Moreover, Firozabad also experiences an acute water crisis as the available water is polluted beyond repair by the discharge from various factories. Around 6 lakh people live in this city that experiences severe climatic conditions in both summer and winter. Most of the residents ofFirozabad are employed in the various units of manufacturing glass products.
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.