Rajkot is the fourth largest urban agglomeration situated in the West Indian state of Gujarat. The Aji River and Nyari River flow alongside this city. Rajkot functions as the administrative headquarters of the Rajkot District. It has a distinguished place in history for being the hometown of Mohandas Karamchand Gandhi. In the year 2013, Rajkot was recognized for being the city with the best law and order in the country. It also qualifies as one of the cleanest cities in India. The city is segregated into 29 wards that are led by elected representatives and counselors. The economy of Rajkot is chiefly based on small-scale industries with many manufacturing plants and units working on diesel engines, machine tools, kitchen knives and other cutting appliances, etc. Stock trading has gained popularity in Meerut since the 90s. Even the software sector is gradually picking up speed and striving to contribute to Rajkots economy and employment. The city is also well-known for art and jewelry design. There are many renowned educational institutions in this city. Tourists visiting Rajkot have various places to explore in the city. Shri Ramakrishna Ashrama, Rotary Dolls Museum, Saurashtra Cricket Association Stadium, ISKCON Rajkot, Sri Sri Radha Neelmadhav Dham, Aji Dam Garden, etc. are a few places worth visiting.
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.