Kavali is situated in the Nellore district of Andhra Pradesh. It is a major municipal corporation in Andhra Pradesh and also the second largest city in the Nellore district. The city has around 1 lakh residents who mostly speak in Telugu. The name of this city was coined by Potuluri Veerabrahmendra Swami. It means patrol in the local language. This is because the Udayagiri king, Harihara Rayulu, had stationed his army at this town in 1515. Kavali is often referred to by the name "Kanakapatnam" which means "wealth will flow into this place." Kavali is a seaside town, located 8 kilometers away from the Bay of Bengal coastline. The National Highway 16 and the Kavali railway station on the Howrah-Chennai main line ensures a great connectivity to this city. Apart from the government-run and private educational institutions, the Visvodaya group has set up many schools and colleges at Kavali. This scenic city provides a pleasant environment to live in, away from the busy city life and traffic.
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.