Amaravati is the defacto or People's capital of Andhra Pradesh with a vision of increasing the overall prominence of the state, especially after the split from Telangana State. The authority entrusted with the development of Amaravati into one of the prominent capital state in the entire country is the Capital Region Development Authority (CRDA). The CRDA is responsible for bringing cutting-edge technology and high-end infrastructure to the city. A striking feature of the city is the Land Pooling Scheme adopted by the government. The Land Pooling Scheme is one of the most successful techniques for achieving development in infrastructure and better technological advancements. The Bricks Initiative started by the Government of Andhra Pradesh is an initiative to indulge common people of Andhra in the development process of the state. The city of Amaravati is built on the banks of the Krishna River and it is geographically located in the Guntur District. The city of Amaravati gets its name from the Amaravathi Kings who ruled ancient Amaravati 2200 years ago. Multiple empires have ruled Amaravati in the medieval period, the Mauryas, the Delhi Sultanate, the Telugu Cholas, Kakatiyas, the Empire of Golconda to name a few. France claimed it in the year 1750 and captured by England in 1759. The residents of Amaravati are predominantly Telugus with a minority of Hindi and Kannada speaking population spread across the city.
The DCB bank was founded in 1930. It is headquartered in Mumbai, Maharashtra, India. It is a private bank, and the stocks of DCB bank are listed on Bombay Stock Exchange and National Stock Exchange of India. Mr. Nasser Munji is the chairman, and Mr. Murali M Natrajan is the MD and CEO of the DCB bank. The products that DCB Bank offers are Consumer Banking, Corporate Banking, Mortgage loans, Private Banking, wealth management and investment banking. The DCB bank is present in 19 states of India. Some the states are Bihar, AP, Delhi NCR, Karnataka, Kerela, MP, Rajasthan, Maharashtra, Tamil Nadu, UP, Odisha, Haryana, Uttrakhand, and Telangana. In Corporate Social Responsibility(CSR), the bank is leading a waste and water management programme. Currently, in 2018, the bank has a network of 323 branches which has been increased from 160 offices, the number it had two years back. In 2016, the DCB Bank or Development Credit Bank Ltd offered shares to the public through Initial Public Offering(IPO). The Development Credit Bank was changed from Development Co-operative Bank after the two banks were merged.