Ramagundam is the most populous city in the Peddapalli district of the Indian state of Telangana. The city obtains its name from the combination of two words - Rama refers to the Hindu God, Lord Rama; Gundam means "water springs." Located on the banks of the Godavari, the city is often called the city of energy. The city hosts around 2.3 lakh residents who mostly speak in Telugu and are employed in the various industrial sectors present in the area. Roads, railway and a local airport ensure a great connectivity to this city. Ramagundam is situated in the Godavari valley coalfields. It has one of Indias largest thermal power stations owned by NTPC. Some of the industries that have flourished in the area are Fertilizer Corporation of India, Kesoram Cement, National Fertilizers Limited, TSGENCO thermal power station, Engineers India Limited, Kesoram (Birla) cement factories, etc. The NTPC plan at Ramagundam is undergoing dynamic upgrades which would help in earning carbon credits against the use of solar power as a renewable energy source. Additionally, an irrigation project called Sripada Yellampalli project, and the very first Solar Power Plant are being set up at Ramagundam
On June 16, 1812, the Citi Bank of New York was found. The Samuel Osgood who was the statesman and retired Colonel became the first president of the Citi Bank. William Few became President of the Bank in August 1813, stayed until 1817, followed by Peter Stagg (1817?1825), Thomas Smith (1825?1827), Isaac Wright (1827?1832). In 1837, the ownership and management of the bank was acquired by Moses Taylor, a student of John Jacob Astor and one of the biggest names of the business world in the 19th century. Citibank provides credit cards, commercial loans, mortgages, personal loans, and lines of credit.The Citi bank has 2,649 branches in 19 countries. The U.S. branches are present in six metropolitan areas: New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. The US accounted for 70% of revenue and Mexico accounted for 13% of revenue in 2016. Apart from the U.S. and Mexico, most of the branches are in Russia, Pakistan, India, Poland, and the UAE. Citigroup, the parent of Citibank, received financial assistance in the form of an investment from the U.S. Treasury, after the financial crisis of 2007?2008 and huge losses in the value of its subprime mortgage assets.