Kavali is situated in the Nellore district of Andhra Pradesh. It is a major municipal corporation in Andhra Pradesh and also the second largest city in the Nellore district. The city has around 1 lakh residents who mostly speak in Telugu. The name of this city was coined by Potuluri Veerabrahmendra Swami. It means patrol in the local language. This is because the Udayagiri king, Harihara Rayulu, had stationed his army at this town in 1515. Kavali is often referred to by the name "Kanakapatnam" which means "wealth will flow into this place." Kavali is a seaside town, located 8 kilometers away from the Bay of Bengal coastline. The National Highway 16 and the Kavali railway station on the Howrah-Chennai main line ensures a great connectivity to this city. Apart from the government-run and private educational institutions, the Visvodaya group has set up many schools and colleges at Kavali. This scenic city provides a pleasant environment to live in, away from the busy city life and traffic.
south Indian Bank Limited is based at Thrissur in Kerala, India. It has 852 branches, four service branches,56 extension counters, and 20 Regional Offices spread across the states and union territories of India. It has a network of 42 Bulk Note Acceptor/Cash Deposit Machines and 133 ATMs all over India. Under the Companies Act of 1913, South Indian Bank was registered as a Private Limited Company and started operations on 29th January 1929 at Round South, Thrissur. The South Indian Bank Ltd. was founded by a group of 44 enterprising men of Thrissur who contributed Rs.500/ - individually to the initial paid-up capital. Their primary aim was to assist the merchant community of Thrissur by saving them from the grasp of the money lenders who charged exorbitant rates of interest. The bank received outstanding support from the public at large. The number of branches opening each year justifies popularity. On 7th August 1946, it was included in the second schedule of the Reserve Bank of India and became a scheduled Bank. On 17th June 1957, under section 22 of the Banking Regulation Act 1949 from RBI, SIB was the first scheduled Bank in Kerala to get the license.