srikakulam is the district headquarter of the eponymous district in Andhra Pradesh. This municipal corporation functions as the headquarter of the Srikakulam revenue division as well as the Srikakulam Mandal. Srikakulam is believed to have been founded by Balarama. It was earlier known as Chicacole before the Indian independence. The city has nearly 1.5 lakh residents and Telugu is the most commonly used language in the area. The city has ample government schools to impart primary and secondary school education. The city has quite a few aided and private schools and colleges. The city has very good connectivity in terms of roads and railway. The city is known for the Arasavalli Sun temple which is believed to be the abode of the Sun God. Legend says that the great sage Kasyapa had installed the idol in the temple. It is one of the two sun temples in India and attracts a lot of devotees.
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.