Tenali is located in the Guntur district of Andhra Pradesh. The Tenali Mandal and the Tenali revenue division are headquartered in this municipal town. Tenali is renowned for its art, cultural, drama and is hence often referred to as the Andhra Paris. It is a part of the capital region of Andhra Pradesh. Tenali is well connected to all the villages nearby. People from the rural areas often travel to Tenali to seek work. The city is rapidly developing. It has many modern amenities such as access to theatres, parks, shopping complexes, etc. Tenali is known for its three canals that run parallelly with roads in between. Tenali Ramakrishna, one of the 8 poets and court jesters of King Krishnadevaraya was from Tenali. The Andhra?Satavahana dynasty had ruled over the region from 225 B.C. to 225 A.D. Jainism and Buddhism flourished in the area as per the relics found in the excavations around the city. Tenali thrives on agriculture and trade. The Krishna River provides irrigation to the agricultural lands around the city. The major crops cultivated at Tenali include black gram, maize and jowar. Trading and exporting agricultural products take place at the Tenali Agriculture Market yard. The Vaikuntapuram Venkateswara temple, the Iglesia Ni Cristo church and Chinaravuru park are places worth visiting in Tenali.
In 1926, seven businessmen of Karur founded Lakshmi Vilas Bank under the leadership of Shri V.S.N. Ramalinga Chettiar. They aimed to serve the financial needs of people who were occupied in trading businesses, industry and agriculture, in and around Karur. The bank was established on November 3, 1926, under the Indian Companies Act, 1913, and on November 10, 1926, it obtained the certificate to commence business. After the Banking Regulations Act was introduced in1949, the bank received its banking license from RBI and became a scheduled commercial bank? revealing its capability to operate as a full-fledged commercial bank. Lakshmi Vilas Bank did considerable expansion of its branch network from 1961 to 1965, when the bank took over nine other banks. The bank started the development of its branch network beyond Tamil Nadu in 1974 to take benefit from the additional opportunities across India. Thus, offices were established in the neighboring states of Karnataka, Andhra Pradesh, and Kerala, critical financial centres like Kolkata, Mumbai and New Delhi, as well as in other prominent business centers in Madhya Pradesh, Maharashtra, and Gujarat.