Ramagundam is the most populous city in the Peddapalli district of the Indian state of Telangana. The city obtains its name from the combination of two words - Rama refers to the Hindu God, Lord Rama; Gundam means "water springs." Located on the banks of the Godavari, the city is often called the city of energy. The city hosts around 2.3 lakh residents who mostly speak in Telugu and are employed in the various industrial sectors present in the area. Roads, railway and a local airport ensure a great connectivity to this city. Ramagundam is situated in the Godavari valley coalfields. It has one of Indias largest thermal power stations owned by NTPC. Some of the industries that have flourished in the area are Fertilizer Corporation of India, Kesoram Cement, National Fertilizers Limited, TSGENCO thermal power station, Engineers India Limited, Kesoram (Birla) cement factories, etc. The NTPC plan at Ramagundam is undergoing dynamic upgrades which would help in earning carbon credits against the use of solar power as a renewable energy source. Additionally, an irrigation project called Sripada Yellampalli project, and the very first Solar Power Plant are being set up at Ramagundam
the motto of the UCO Bank is "Honours your Trust." It was founded in 1943 in Kolkata. It is a major government-owned and commercial bank of India also known as the United Commercial Bank. Its total business was ? 4.55 lakh crore during FY 2013-14. It was ranked 1860 on Forbes Global 2000 List by 2014 data. According to the Brand Trust Report 2014, a study conducted by Trust Research Advisory, the Bank was ranked 294th among Indias most trusted brands. It was a difference of 796 ranks considering its previous position among Indias most trusted brands in the Brand Trust Report 2013. The bank has a regional presence of 3,078 branches and 2564 ATMs with a prospective growth in the number of offices as well as ATMs. The logo of UCO bank includes a pair of clasped hands covered by an octagonal structure. It has been colored blue since the organizations inception is to represent the national responsibility of the bank. The background of the logo is yellow from the beginning. The significant competitors of the bank have always been the State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, Punjab National Bank, Bank of Baroda and the Bank of India. The economic liberalization may bring foreign banks, which could make the inter-bank competition intense for commercial and well-to-do retail customers.