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.
The Shamrao Vithal Co-op. Bank Ltd. or SVC Cooperative Bank Limited, is a banking company incorporated under the Companies Act, 1956 a scheduled bank, and one of the oldest Urban Co-operative Bank in India built in 1906. The bank was set up when co-operation was just started in the country. It was established with the primary aim of helping the less fortunate members of the community under the ambit of its economic enterprises. It was also to encourage savings and to create funds for providing financial aid to deserving members.Mr. Rao Bahadur Shripad Subbarao Talmaki was the chief architect of the Bank. The Bank was initially registered as a Co-operative Credit Society on 27 December 1906. The Bank is present in 10 States of India. Maharashtra, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Haryana, Goa, Gujarat and Madhya Pradesh. In 1907, cumulative deposit scheme, fixed deposit scheme and saving bank deposit were introduced by the bank. After that in 1911, the facilities for remittance were made available to the members by the draft. In 1913, the cash credit scheme was introduced by the bank. In 1956, facilities were thrown open to all communities. In 1988, the Shamrao Vithal bank was conferred the scheduled bank status.