The city of Nandyal is situated in the Kurnool district of Andhra Pradesh. It functions as a municipality as well as the headquarter of the Nandyal Mandal in the Nandyal revenue division. There are over 2 lakh residents in this city and they speak in Telugu. The City was earlier known as Nandalluru. It receives its name from Nandi, the vehicle or "vahana" of Lord Shiva. The word Aalaya means house or abode in Sanskrit. The city of Nandyal is surrounded by nine Nandis. Hence, it was named as Nandi Aalaya. Over the time, the name got modified to Nandyala or Nandyal, which is the present name of the city. Nandyal is surrounded by nine temples of Nandi, the bull. These bull temples are collectively known as the Nava Nandi. The largest Nandi idol in the city is in Sri Yaganti Uma Maheswara Temple. The Archaeological Survey of India claims that the rock grows at a rate of 1 inch in 20 years. Nandyal is a major hub of industries as well as agriculture. The city is rich in natural resources like marble. Additionally, there are numerous rice mills and oil mills in the area apart from a few industries that produce milk, soft drinks, sugar, PVC pipes, etc. A few famous companies like Milk Dairy, Nandi Polymers, S. P. Y. Agro and Nandi Steels have set up their units in the city.
The Vijaya Bank is headquartered in Bangalore, Karnataka, India and it is one of the nationalized public sector banks in India. The bank provides several financial products and services to customers through its delivery channels. As of March 2017, the bank has a network of approximately more than 2000 branches across India and over 4000 customer touch points including 2001 ATMs.Since its inception, the bank grew steadily. It became a scheduled bank in 1958. Vijaya Bank steadily evolved into a large All India Bank with nine smaller banks merging with it during 1963,1968 under the chairmanship of Shri. Mulki Sunder Ram Shetty. The bank registered its logo in 1965. On November 11, 1969, the banks head office was shifted to Bengaluru. On 15 April 1980, the bank was nationalized. The bank had 571 branches, with a total business of ?605.95 crore and a staff strength of 9059 at the time of nationalization. On 26 October 1984, the present head office building of the Bank was inaugurated at Mahatma Gandhi Road, Bengaluru. Shri R.A.Sankara Narayanan is the current MD & CEO of Vijaya bank. As on 31 March 2017, the banks total business is over ?2,29,000 crore containing deposits of ?1,33,012 crore and advances of ?96,821 crore.