Proddutur is located in the Kadapa district of Andhra Pradesh, on the banks of the Penna River. Proddutur is the states smallest municipal body by area but houses more than 2 lakh residents. The economy of Proddutur is mainly dependent upon the gold and cotton businesses. Book manufacturing and financing also contribute to the citys economy. Proddutur is well connected to all the nearby areas through road and railway. Notable places in and around Proddutur are Sri Vasavi Kanyaka Parameshwari Aalayam, known for its grand celebrations of Dussehra festival; Mukthi Rameshwaram is a Hindu temple devoted to Lord Shiva; the Biggest Ayyappa temple in Kadapa district known as Ayyappa Swamy temple; and Rajeev Gandhi National Park which is an ecological park developed by the State Government.
Karur Vysya Bank based in Karur, Tamil Nadu. It is a private-sector bank and was set up by M. A. Venkatarama Chettiar and Athi Krishna Chettiar in 1916. The bank primarily operates in the treasury, corporate/retail banking segments and wholesale banking. It provides services such as personal, agricultural banking, corporate, and services to NRIs and MSME. The bank offers housing loan, personal loan, insurance, and fixed deposits among others under private banking. The KVB offer services like corporate loans, multicity current account, demat account, and general insurance among others under corporate banking. The schemes supplied by KVB under agricultural banking includes Green Harvester, Green Trac, and KVB Happy Kisan among others. The bank offers products such as MSME Cash, Vendor Bill Discounting among others. As on 1 July 2018, the bank had increased branches and ATMs during the year thus accounting the total number to 798 branches and 1,780 plus ATMs. In FY16, it introduced many initiatives like an e-book, reloadable cards, Kisan credit cards, automatic passbook kiosk, etc. The recent action is the introduction of a fast tag and UPI based payment system. As of Dec 2017, total business volume was1,00,000+ crore.