Narasaraopet is situated in the Guntur district of Andhra Pradesh. The municipal town functions as the headquarter of the Narasaraopet revenue division and the Narasaraopet Mandal. Narasaraopet has received its name from a wealthy landlord who earlier owned most of the surrounding areas, known as Narasa Rao. This town is the major commercial trading center in the Guntur district. it also has a lot of educational institutes. The town is surrounded by many engineering, dental, PG and pharmacy colleges. The town of Narasaraopet was built on flat land surrounded by hilly extensions of the Eastern Ghats. Narasaraopet experiences exceptionally hot summers and mild winters. Monsoon rains are concentrated in the months of July?September. The town is home to more than 1 lakh residents who mostly speak in Telugu. A major religious fair dedicated to Lord Shiva is held at Kotappakonda located near Narasaraopet and it is an attractive tourist destination.
the State Bank of Travancore was founded on 12 September 1945 as the Travancore Bank Ltd, an initiative by Travancore Diwan C. P. Ramaswami Iyer. It was a premier Indian bank based in Thiruvananthapuram, Kerala. It became a subordinate of State Bank of India under the SBI Subsidiary Banks Act, 1959, in 1960, enacted by the Parliament of India, and thus achieved the name state Bank of Travancore. The SBT was a sister concern of the State Bank Group, but it also had private shareholders. SBT was the leading bank of Kerala. The Union Cabinet approved the proposal of combining SBT and four other associate banks with SBI, on 15 February 2017. On 31 March 2017, It finally joined with its parent SBI bank. Sri Chithira Thirunal Balarama Varma, the Maharaja of Travancore was considered as the founder of the bank, though the king had little to do with the founding of the bank. Ms.Arundhatti Bhattacharya is the ex-officio chairman, and Mr. CR Sasikumar is the managing director of the SBT.It had a network of 1,157 branches and 1,602 ATMs across India, as of 31 March 2015. The Union Cabinet approved the proposal of combining SBT and four other associate banks with SBI, on 15 February 2017