Eluru is a small city in the Indian state of Andhra Pradesh. It also functions as the district headquarters of the West Godavari district as well as the Mandal headquarters of the Eluru Mandal in the Eluru revenue division. The city lies beside the Tammileru river. The city is well known for its carpets, wool-pile and hand woven products. Eluru has a population of more than 2 lakh people and experiences a hot and humid climate. Eluru Municipal Corporation is the civic body governing Eluru, which includes the census towns of Sanivarapupeta, Tangellamudi, Satrampadu, Gavaravaram, parts of Komadavole and Eluru villages. Eluru has been known for rug weaving since the 17 century - an art derived from the weavers of Iranian descendants. The thriving wool-pile and carpet industry boosts the citys economy. The eco-friendly carpets are exported to various countries. Buddha Park at Eluru is a popular tourist destination. The Kolleru Bird Sanctuary is home to many native and migratory birds. Fr. Silvio Pasquali Memorial Convent at Duggirala contains a replica of the ?Holy Land? of Israel, which is definitely worth a visit.
On 12th March 1906, the Corporation Bank established as Canara Banking Corporation Limited, in the temple town of Udupi, by a group of visionaries. The initial growth was consciously cautious and need-based. In 1923, the first Bank branch was opened at Kundapur, and in 1926 the second branch was opened in Mangalore. In 1934, the Bank stepped into Coorg State by opening its seventh branch. The Bank got listed in the second schedule of RBI Act, 1934 in the year 1937. The name of the Bank had changed from Canara Banking Corporation Ltd to Canara Banking Corporation Ltd In 1939. In 1972, the bank changed its name again, from ?Canara Banking Corporation Ltd.? to ?Corporation Bank Limited.? And finally, the bank became ?Corporation Bank? after its nationalization on 15th April 1980. The total revenue of the Bank was Rs.3.29 lakh crore, as on 30th September 2017. Currently, the Bank has 3169 ATMs, 4724 Branchless Banking Units, and 2501 fully automated CBS branches, across India. The Bank has its representative Offices at Dubai and Hong Kong. The Branchless banking units have been expanded to more than 4700 villages by the Corporation Bank alongside issued smart cards to all account holders in these villages to enable them to use the Business Correspondents model operated by the Bank.