Amaravati is the defacto or Peoples capital of Andhra Pradesh with a vision of increasing the overall prominence of the state, especially after the split from Telangana State. The authority entrusted with the development of Amaravati into one of the prominent capital state in the entire country is the Capital Region Development Authority (CRDA). The CRDA is responsible for bringing cutting-edge technology and high-end infrastructure to the city. A striking feature of the city is the Land Pooling Scheme adopted by the government. The Land Pooling Scheme is one of the most successful techniques for achieving development in infrastructure and better technological advancements. The Bricks Initiative started by the Government of Andhra Pradesh is an initiative to indulge common people of Andhra in the development process of the state. The city of Amaravati is built on the banks of the Krishna River and it is geographically located in the Guntur District. The city of Amaravati gets its name from the Amaravathi Kings who ruled ancient Amaravati 2200 years ago. Multiple empires have ruled Amaravati in the medieval period, the Mauryas, the Delhi Sultanate, the Telugu Cholas, Kakatiyas, the Empire of Golconda to name a few. France claimed it in the year 1750 and captured by England in 1759. The residents of Amaravati are predominantly Telugus with a minority of Hindi and Kannada speaking population spread across the city.
the UCO Bank was founded in 1943 in Kolkata. It is a major government-owned and commercial bank of India also known as the United Commercial Bank. Its total business was ? 4.55 lakh crore during FY 2013-14. It was ranked 1860 on Forbes Global 2000 List by 2014 data. According to the Brand Trust Report 2014, a study conducted by Trust Research Advisory, the Bank was ranked 294th among Indias most trusted brands. It was a difference of 796 ranks considering its previous position among Indias most trusted brands in the Brand Trust Report 2013. The bank had 4,000 additional service units, 49 zonal offices across India as of 30 March 2017. Outside India, it has two offices in Singapore and Hong Kong. The corporate office of UCO bank is on BTM Sarani, Kolkata. Shri Ghanshyam Das Birla, an influential industrialist, got the idea of establishing a commercial bank with the Indian capital during the Quit India movement of 1942, and as a result, the United Commercial Bank Limited was incorporated. The bank was started in Kolkata with an issued capital of ?2 crores and a paid-up capital of ?1 crore. The Board of Directors of UCO Bank included notable personalities of India alongside Shri Ghanshyam Das Birla as its chairman. The bank opened 14 branches simultaneously across India. Presently Mr.Ravi Krishan Takkar is the chairman and MD of UCO Bank.