The thriving city of Rajahmundry lies on the banks of the Godavari in the southern Indian state of Andhra Pradesh. Popularly known as ?The Cultural Capital of Andhra Pradesh,? the city serves as the administrative headquarters of the East Godavari district. Rajahmundry is a city of antiquity. It is one of the most important cities in the history of the state. Its roots can be traced back to 1100 AD. The city is reputed for shaping up the Telugu language as well as for its dynamic role in the Indian independence movement. Rajahmundry is the sixth largest in the state. Its modern civic administration is conducted through the organized division of the city into 93 wards. The cloth and bullion businesses mainly fuel the economy of the city. Rajahmundry acts as a business hub for east and west Godavari districts. The rich and fertile basin of the Godavari also contributes to agriculture. Paddy is the major crop cultivated. The city hosts a few notable educational institutions such as Adikavi Nannaya University, Telugu University, Godavari Institute of Engineering and Technology, GSKM Law College, G.M.R. Polytechnic College etc. The historic city is a hub for Telugu culture with plenty of tourist attractions such as the Godavari Rail Bridge, Sri Sri Radha Gopinath Temple, ISKCON, the Markandeya Temple, Sri Veerabhadra Swamy Temple, the Rallabandi Subbarao Government Museum, etc.
The HDFC Bank Limited was started in Mumbai. As of 31st March 2018, the bank has more than 88,000 permanent employees in India, and abroad, it has offices in Bahrain, Hong Kong, and Dubai. By assets, the HDFC Bank is Indias largest private sector lender. It is the largest bank in India and ranked 69th in 2016 BrandZ Top 100 Most Valuable Global Brands. In 1994, the HDFC Bank was established with its registered office in Mumbai, India. The then Union Finance Minister, Manmohan Singh inaugurated its first corporate office and a full-service branch at Sandoz House, Worli. The bank had 4,715 branches and 12,260 ATMs across India, as of June 30, 2017. In FY 2017, the bank also installed 4.30 lakhs POS terminals and issued 235.7 lakhs debit cards and 85.4 Lacs credit cards. The HDFC Bank offers many products and services including wholesale banking, treasury, auto loans, two wheeler loans, personal loans, retail banking, loans against property and credit cards. Along with this various digital products are also introduced by HDFC such as Payzapp and Chillr. The HDFC Bank merged with Times Bank in February 2000. In the new-generation private sector banks category, it was the first merger of two private banks. HDFC Bank acquired Centurion Bank in 2008 approved by the HDFC Bank Board for 95.1 billion INR as one of the most significant mergers in the financial sector in India.