Madanapalle is located in the Chittoor district of Andhra Pradesh. The town functions as the headquarter of the Madanapalle revenue division and mandal. The town was founded by Sri Ahobila Nayunivaru in 1618 AD. The economy of Madanapalle is based on agriculture. The main cultivated products are tomato, mango, groundnut, tamarind, etc. It is the largest tomato market in Asia. The tomatoes from this area are supplied to many Indian states. Madanapalle is known for its silk products like silk saris and dress materials. One can get good quality silk products at nominal costs. These silk garments are supplied to all major cities in South India such as Bangalore, Chennai and all silk product towns for sales. Madanapalle surroundings have enormous reserves of granite. Madanapalle is well connected to all nearby areas via road and rail. Three Bus terminals provide services in Madanapalle. Madanapalle Road Railway Station connects the town to the nearby cities of Guntakal and Secunderabad.
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.