Kurnool, also known as the "Gateway of Rayalaseema," lies on the bank of River Thungabhadra in the Indian state of Andhra Pradesh. The city had once been the capital of the state of Andhra Pradesh in the 1950s for three years. The Kurnool city serves as the headquarters of the Kurnool District. The rulers of various dynasties such as the Cholas, the Kakatiyas, the Nawabs and the Mughals have ruled over the city and given it a rich cultural heritage. The modern administration of the city is conducted by dividing it into 50 wards managed by elected representatives. The main economic activity in the city is fuelled by its industries such as mining and agriculture. The city is based has rich resources of various minerals like Iron, Ochre, Quartz, Dolomite, Limestone and Silica. Kurnool serves as an educational hub with institutions and universities like Rayalaseema University, Kurnool Medical College, G Pulla Reddy College of Engineering & Technology, Indian Institute of Information Technology (IIIT) Kurnool, Osmania College, etc. Kurnool draws a lot of tourists each year city and is well known for its excellent tourist destinations like the Belum Caves, Gandikota, Mantralayam, Yaganti Temple, Mahanandi Temple, Kurnool Fort, Kondareddy Burz, Rollapadu Wildlife Sanctuary, etc.
IOB based in Chennai, is a public sector bank with almost 3400 domestic branches, including 1150 branches in Tamil Nadu, and eight offices in overseas as of 31 October 2017. An ISO certified in-house Information Technology department, which had developed the software used by IOB to provide online banking to customers earlier. The IOB had a network of around 3300 ATMs across India, as of 2016. The branches of IOB are in Singapore, Bangkok, Colombo, Seoul. The representative offices of IOB are in Guangzhou, Dubai, and Vietnam. In 1937, the Indian Overseas Bank (IOB) was established by Thiru.M. Ct. M. Chidambaram Chettyar for encouraging foreign exchange operations and overseas banking. IOB opened a representative office each in Guangzhou, China, and Kualalampur. IOB opened other Representative offices in Dubai and the United Arab Emirates in the year 2009. In 2015, IOB launched m Passbook applications and new mobile banking services. The Apollo Munich Health Insurance has tied up with IOB to serve specialized health and personal accident products to its customers.