Akola is a city in the Vidarbha region of the Indian state of Maharashtra. It is known for being one of the largest producers of cotton in the entire country and has hence received the nickname of the Cotton City. It is a striking road and rail junction near the Tapti River valley, which is also a commercial trading center chiefly for cotton. The city with roughly 5 lakh people, is governed by Akola Municipal Corporation. The city lies near the Tropic of Cancer and experiences a tropical humid climate and the residents are mostly found donning plain cotton clothes. Akola city is known for its many agricultural universities alongside veterinary colleges, engineering, medical and normal degree colleges. Cotton production and textile industry chiefly drive the economy of Akola. Akola has a very good grain market which contributes to the citys economy. The city has mills for pulses and oil. The IT sector is also growing at a fast pace. Standing on the banks of the Morna River, the city of Akola is rapidly developing.
The Andhra Bank was established by the great freedom fighter, Dr. Bhogaraju Pattabhi. On 20th November 1923, It was registered and started its operations from 28th November with a paid-up capital of one lakh rupees. The logo of the Andhra Bank indicates the togetherness. The symbol of infinity states that the bank which is prepared to go to any lengths to serve its customers. The blue pointer on the top of the infinity symbol indicates that the bank has the philosophy of looking for newer growth and directions as and whenever required. The keyholes depict the safety and security of the customer, and the chain represents the bond of togetherness. The red and blue color shows the dynamism and solidity. The Andhra Bank has its representative office in the United Arab Emirates and the United States of America. The Andhra Bank has a network of 2911 branches globally across Andhra Pradesh, Telangana, and Odisha in India. The vision of the Andhra Bank is to provide a full range of banking services through customer-focused products and to maximize the value of its stakeholders.