Ramagundam is the most populous city in the Peddapalli district of the Indian state of Telangana. The city obtains its name from the combination of two words - Rama refers to the Hindu God, Lord Rama; Gundam means "water springs." Located on the banks of the Godavari, the city is often called the city of energy. The city hosts around 2.3 lakh residents who mostly speak in Telugu and are employed in the various industrial sectors present in the area. Roads, railway and a local airport ensure a great connectivity to this city. Ramagundam is situated in the Godavari valley coalfields. It has one of Indias largest thermal power stations owned by NTPC. Some of the industries that have flourished in the area are Fertilizer Corporation of India, Kesoram Cement, National Fertilizers Limited, TSGENCO thermal power station, Engineers India Limited, Kesoram (Birla) cement factories, etc. The NTPC plan at Ramagundam is undergoing dynamic upgrades which would help in earning carbon credits against the use of solar power as a renewable energy source. Additionally, an irrigation project called Sripada Yellampalli project, and the very first Solar Power Plant are being set up at Ramagundam
Incorporated in 1911, the Central Bank of India was the first commercial bank which was entirely owned and managed by Indians. Sir Sorabji Pochkhanawala, founded the Bank as a result of his dream realization about the bank. The first Chairman was Sir Pherozesha Mehta of this pure swadeshi Bank. In fact, Sir Sorabji Pochkhanawala felt so proud about this bank that he proclaimed CBI as the "countrys asset and property of the nation." He also said that "CBI has been made on peoples faith and considers itself as the peoples bank." During the last 106 years of history, the Bank has faced challenges and threats. The CBI successfully transformed every threat into an opportunity of business and excelled over its competitors in the Banking industry. The Central Bank of India can be honestly mentioned as an all India bank, due to stretch of its vast network across all the 29 States and 6 Union Territories of India. Among the public sector banks, the Central Bank of India holds a very significant place on account of its 4715 Branches, 1 Extension counters, along with 10 Satellite Offices as on January 2018, at various centers throughout the length and breadth of the country.