Nizamabad is the 3rd largest city in the Indian state of Telangana. The name of the city is derived from the word Nizam that refers to the Nizam of Hyderabad and Abad which means Long Live in Urdu. The city is sometimes also referred to as The City of Nizams. The city was founded in the year 1905 when the Nizams Dominion was recognized. It was known as Indur earlier. The city has more than 3 lakh residents and experiences a tropical savanna type of climate. The Government of Telangana started the MeeSeva service at Nizamabad in order to provide all government facilities easily to the residents. The economy of Nizamabad is largely dependent upon industries and private businesses. The production of rice, sugar and spices greatly contributes to the citys economic growth. The city has also seen a real estate boom in the recent years. Apart from the typical south Indian food, Nizamabad is known for its Islamic cuisine. Nonvegetarian dishes like Tahari, Haleem, Nihari and Biryani are famous in the city.
KBL Bank was established in 1924 at Mangaluru, a coastal town in Karnataka State. It is a leading A Class Scheduled Commercial Bank in India. The bank was formed in the aftermath of patriotic zeal that fueled the nation during the freedom movement of India in the pre-independence era. The Karnataka Limited Bank further expanded with the mergers. With around nine decades of experience of providing professional banking and quality customer services, the bank has a nationwide presence with a network of 811 branches spread across 22 states and two Union Territories. The Karnataka Bank has over 8,220 employees, 1,46,000 shareholders, and over 9.65 million customers with which the bank has emerged as a leading financial service company in India. The bank started its operations on 23rd May 1924 at Dongerkery, Mangalore. The Karnataka Bank was the first to realize the importance of having a Centralised Banking system among other banks and was the first to deploy the Core Banking System in the year 2000. This system enabled them to store and process the customers accounts from the Data Centre present in Bangalore. The bank has also deployed the State-Of-Art technology from the best players in the Industry like Infosys, Sun, and Wipro.