Ongole is located in the Prakasam district of the South-Indian state of Andhra Pradesh. The city operates as a municipal corporation as well as the headquarters of the Prakasam district. Ongole also serves as the headquarters of the Ongole mandal in the Ongole revenue division. The city is known for its Ongole cattle, which is a breed of oxen and is a part of the worlds major zebu cattle breeds. The narrow streams of the Gundlakamma river pass through the city. Ongole has around 2 lakh residents who speak in Telugu. Agriculture fuels the economy of Ongole. The city is a center for trading tobacco in Andhra Pradesh. Many units of Galaxy Granite polishing provide a huge employment source to the residents of Ongole. The famous Ongole bulls are actually a breed of Oxen. These animals are exported to various countries. The Brahman bull found in America is considered to be an off-breed of the Ongole. Such off-breeds are found in Malaysia and Brazil too. The original breed of this animal is found in a tiny region around the town, in between the Gundlakamma and Musi Rivers. Ongole is also known for its beautiful parks and educational institutes.
the Bank of Maharashtra was founded on 16 September 1935, at Pune and commenced its operations on 8 February 1936. In 1938, the second branch of the bank was opened at Fort, Bombay(currently Mumbai). The bank expanded rapidly after nationalization in 1969. In 1998, the bank had achieved autonomous status after moving into A category from C due to which it has limited interference of Government authority in its decision-making process and internal affairs. In 2004, it was listed in Bombay Stock Exchange and National Stock Exchange of India. In 1978, the new head office building was inaugurated by the late Prime Minister of India, Mr. Morarji Desai. In 1991, the Mahabank Farmer Credit card was introduced after the bank entered into domestic card business. In 2011, the first SHG branch was opened in Pune. In 2013, the Rupay Card was launched by Ms.Sonia Gandhi in New Delhi. In 2014, the number of BoM ATMs increased to 1827 by the addition of 1129 ATMs.In 2015, it reached the network of 1889 branches across India and launched Mahamobile as the mobile banking app. In 2016, the bank was awarded the Best Financial Inclusion Initiative by the IBA banking technology.