Nizamabad is the 3rd largest city in the Indian state of Telangana. The name of the city is derived from the word Nizam that refers to the Nizam of Hyderabad and Abad which means Long Live in Urdu. The city is sometimes also referred to as The City of Nizams. The city was founded in the year 1905 when the Nizams Dominion was recognized. It was known as Indur earlier. The city has more than 3 lakh residents and experiences a tropical savanna type of climate. The Government of Telangana started the MeeSeva service at Nizamabad in order to provide all government facilities easily to the residents. The economy of Nizamabad is largely dependent upon industries and private businesses. The production of rice, sugar and spices greatly contributes to the citys economic growth. The city has also seen a real estate boom in the recent years. Apart from the typical south Indian food, Nizamabad is known for its Islamic cuisine. Nonvegetarian dishes like Tahari, Haleem, Nihari and Biryani are famous in the city.
The Corporation Bank is a public-sector banking company based in Mangalore, India, owned by the Government of India. It has a pan-Indian presence. Across the country, the Corporation bank has 3,040 ATMs, 2,440 fully automated CBS branches, and 4,724 branchless banking units. On November 14th, the Corporation Bank told about raising an amount of Rs 500 crore of the Basel III-compliant Tier-II Bonds (Series1). The Corporation Bank launched its RuPay Select and RuPay Platinum credit cards, on 2 December 2017. At all 80,000-plus e-commerce merchants in India, ICS Partner acceptance points (POS, e-commerce merchants), and RuPay-enabled 1.5 million-plus PoS terminals globally, RuPay credit cards are accepted. The Corporation Bank was found on 12 March 1906 by Khan Bahadur Haji Abdullah and Haji Kasim Saheb Bahadur in Temple Town of Udipi to help the common man by saving them from money lenders seizing. Mr. Jai Kumar Garg is the MD and CEO of Corporation Bank. The Corporation Bank offers banking and transactional products for retailers and Corporates such as Consumer banking, Asset management, credit cards, savings, securities, mortgage loans, private equity, wealth management, etc. The bank had 19,569 employees as of 2016 and revenue of Rs 2.9 billion US$.