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 government owns Punjab & Sind Bank, and it is based in New Delhi. Its 623 offices are in Punjab state out of 1554 branches spread all over India. On 24 June 1908, the Punjab & Sind Bank was founded by Sir Sunder Singh, MajithaBhai Vir Singh, and Sardar Tarlochan Singh. The Government of India nationalized the Punjab National Bank on 15 April 1980 along with other six banks in the second wave of nationalizations. The first nationalization had been in 1969 when the government nationalized the top 14 banks. The Punjab & Sind Bank established a branch in London in the 1960s. In 1991 the London branch was acquired by the Bank of Baroda at the order of the Reserve Bank of India due to Punjab & Sinds involvement in the Sethia fraud in 1987. The Punjab & Sind has shown growth of over 40% year on year since 2004, and its IPO was put over the top by more than 50 times recently. In business, the bank crossed a mark of Rs 1 lac crore. The Punjab & Sind Bank sponsored a regional rural bank known as Sutlej Gramin Bank. The products of Punjab and Sind bank includes Debit Card, ATM, Internet Banking, Mobile Banking, SMS Banking, BHIM, UPI, POS Machine, AADHAR PAY, BHARAT QR