Hindupur is located in the Anantapur district of Andhra Pradesh. It functions as the headquarters of the Hindupur revenue division and mandal. This town houses more than 1.5 lakh residents who primarily speak in Telugu. Hindupur is a commercially and industrially populous town. Hindupur is an important pilgrim; Sri Ranganath Swamy Temple and near Lepakshi temple attracts thousands of pilgrims every year. The municipal town of Hindupur is divided into 38 election wards and 30 revenue wards to ensure effective governance. Hindupur lies on the banks of River Penna. However, the agricultural scenario in the area is largely dependant upon rains and often suffers from the shortage of drinking water and crop failures due to the lack of adequate rain. agricultural requirements. Hindupur is a leading commercial center in the Rayalaseema Region. Cloth business is the most important business in Hindupur along with various products such as jaggery, tamarind, groundnuts, chilies and pulses. Mulberry cocoons are also procured in this town which results in the production of silk threads and silk sarees. Silk trade is gaining momentum at Hindupur as one of the important commercial activities and it might soon develop for the foreign export of silk fabrics. The area also has a few cottage industries like starch factories, beedi making, oil mills, match factories and agarbathi units.
The Punjab and Sind Bank was established on 24th June 1908 with an idea to uplift the weaker section with the far-sighted vision of luminaries like Sir Sunder Singh Majitha, Bhai Vir Singh, and Sardar Tarlochan Singh. As on 31st March 2015, the net worth of the bank is Rs. 4812 crore. A Punjab & Sind Bank branch was established in London in the 1960s. In 1991, the Bank of Baroda acquired the Punjab & Sind Banks London branch on the request of the RBI based on the Punjab & Sinds involvement in the Sethia fraud. The Bank confirmed to have a network of 920 branches or extension counters and 63 ATMs spread across the country as of July 31, 2010. Notably, they have 49 specialized departments, out of the 920 offices. The government owns Punjab & Sind Bank, and it is based in New Delhi. Its 623 offices are in Punjab state out of 1554 branches spread all over India. The Punjab & Sind Bank sponsored a regional rural bank known as Sutlej Gramin Bank. The products of Punjab and Sind bank includes Debit Card, ATM, Internet Banking, Mobile Banking, SMS Banking, BHIM, UPI, POS Machine, AADHAR PAY and BHARAT QR.