The city of Alwar in the Indian state of Rajasthan is located within Indias National Capital Region. It functions as the administrative headquarters of the eponymous district in Rajasthan. It was formerly known as Ulwar. The city is a hub of tourism as it has several forts, lakes, heritage havelis as well as nature reserves in and around the city. Alwar houses Rajasthans very first private engineering college called the Institute of Engineering and Technology. The city is fairly rich in minerals. Traces of marble, granite, feldspar, dolomite, quartz, limestone, soapstone, barites, copper clay, copper ore and pyrophyllite are found in and around the city. Tourism fuels the economy of Alwar as the city is home to exotic locations of tourist interest. The Bhangarh Fort and the Sariska Tiger Reserve are major tourist attractions. Fairy Queen, Bala Qila, City Palace, Moosi Maharani ki Chhatri, Ashokas Buddhist stupa, Hill Fort Kesroli, etc are other dynamic places that attract tourists to Alwar.
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.