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Andhra Bank
Andhra Bank was a medium-sized public sector bank (PSB) of India, with a network of 2885 branches, 4 extension counters, 38 satellite offices and 3798 automated teller machines (ATMs) as of 31 March 2019. During 2011–12, the bank entered the states of Tripura and Himachal Pradesh. It operated in 25 states and three union territories. It had its headquarters in Hyderabad, Telangana, India. Along with Corporation Bank, Andhra Bank was merged with Union Bank of India in April 2020. The government of India owned 90.85% of its share capital as of 31 March 2019. The state-owned Life Insurance Corporation held 7.80% of the shares. The bank had done a total business of and has earned a net profit of for the financial year 2015–16. History Pattabhi Sitaramayya founded Andhra Bank in 1923 in Machilipatnam, Madras Presidency (present-day Andhra Pradesh). Raja Yarlagadda Sivarama Prasad was the individual who committed the financial resources for starting the institution. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tripura
Tripura () is a States and union territories of India, state in northeastern India. The List of states and union territories of India by area, third-smallest state in the country, it covers ; and the seventh-least populous state with a population of 3.67 million. It is bordered by Assam and Mizoram to the east and by Bangladesh to the north, south and west. Tripura is divided into List of districts of Tripura, 8 districts and 23 sub-divisions, where Agartala is the capital and the largest city in the state. Tripura has 19 different tribal communities with a majority Bengalis, Bengali population. Bengali language, Bengali, Indian English, English and Kokborok are the state's official languages. The area of modern Tripura — ruled for several centuries by the Manikya Dynasty — was part of the Tripuri Kingdom (also known as Hill Tippera). It became a princely state under the British Raj during its tenure, and acceded to independent India in 1947. It merged with India in 1949 an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance (India)
The minister of finance (Vitta Mantrī ) (or simply, the finance minister, short form FM) is the head of the Ministry of Finance of the Government of India. One of the senior most offices of the Union Cabinet, the finance minister is responsible for the fiscal policy of the government. A key duty of the finance minister is to present the annual Union Budget in Parliament, detailing the government's plan for taxation and spending in the coming financial year. Through the budget, the finance minister also outlines allocations to all the ministries and departments. The minister is assisted by the minister of state for finance and the junior deputy minister of finance. There have been a number of ministers of finance that went on to become the prime minister A prime minister or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. A prime minister ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Baroda
Bank of Baroda (BOB or BoB) is an Public sector banks in India, Indian government Public sector bank headquartered in Vadodara, Gujarat. It is the third largest Public sector banks in India, public sector bank in India after State Bank of India. Based on 2023 data, it is ranked 586 on the Forbes Global 2000 list. The Maharaja of Baroda, Sayajirao Gaekwad III, founded the bank on 20 July 1908 in the princely state of Baroda State, Baroda, in Gujarat. The Government of India Nationalization, nationalized the Bank of Baroda, along with 13 other major commercial banks of India, on 19 July 1969 and the bank was designated as a profit-making Public sector undertakings, public sector undertaking (PSU). History In 1908, Sayajirao Gaekwad III, set up the Bank of Baroda (BoB), with other stalwarts of industry such as Sampatrao Gaekwad, Ralph Whitenack, Vithaldas Thakersey, Lallubhai Samaldas, Tulsidas Kilachand and NM Chokshi. Two years later, BoB established its first branch in Ahmed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vijayawada
Vijayawada ( ), formerly known by its colonial name Bezawada, is the second largest city and a major commercial hub in the Andhra Pradesh state of India. The city forms an integral part of the Andhra Pradesh Capital Region and is situated on the banks of the Krishna River, flanked by the Eastern Ghats and the scenic Indrakeeladri Hills. It is renowned for its iconic Kanaka Durga Temple, an important Hindu shrine that attracts millions of devotees each year. Geographically positioned near the center of the state, Vijayawada is popularly described as the commercial, political, cultural, and educational capital of Andhra Pradesh. It also serves as the administrative headquarters of the newly formed NTR district. The Prakasam Barrage across the Krishna River is a pivotal infrastructure asset that connects NTR with Guntur district. Vijayawada is recognized as one of India's fastest growing urban areas. In fact, a recent Oxford Economics report ranked it among the top 10 fastest gro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yarlagadda Sivarama Prasad
Yarlagadda Sivarama Prasad (3 April 1903 - 1976), also known as Challapalli Raja, was an Indian aristocrat, industrialist, politician, film producer, and film studio owner. He was the last hereditary zamindar of the Challapalli Samasthanam (estate) which compromises the modern day region of Diviseema / Avanigadda Assembly constituency ''.'' In politics, Sivarama Prasad was affiliated with the Justice Party before Independence and with Indian National Congress afterwards. He served as the Minister of Health for Andhra Pradesh during the 1960s and was elected as an MLA from Krishna District. Sivarama Prasad financed Pattabhi Sitaramayya's Andhra Bank. He set up the production company Sarathi Films in 1938, which produced successful films like '' Mayalokam'' (1945) and '' Rojulu Marayi'' (1955). He also established the film studio complex Sarathi Studios in Hyderabad in 1956. It was the first film studio facility built in Hyderabad. Early life Yarlagadda Sivarama Prasad was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andhra Pradesh
Andhra Pradesh (ISO 15919, ISO: , , AP) is a States and union territories of India, state on the East Coast of India, east coast of southern India. It is the List of states and union territories of India by area, seventh-largest state and the List of states and union territories of India by population, tenth-most populous in the country. Telugu language, Telugu is the most widely spoken language in the state, as well as its official language. Amaravati is the state capital, while the largest city is Visakhapatnam. Andhra Pradesh shares borders with Odisha to the northeast, Chhattisgarh to the north, Karnataka to the southwest, Tamil Nadu to the south, Telangana to northwest and the Bay of Bengal to the east. It has the Coastline of Andhra Pradesh, third-longest coastline in India at about . Archaeological evidence indicates that Andhra Pradesh has been continuously inhabited for over 247,000 years, from early archaic Hominini, hominins to Neolithic settlements. The earliest r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Madras Presidency
The Madras Presidency or Madras Province, officially called the Presidency of Fort St. George until 1937, was an administrative subdivision (province) of British India and later the Dominion of India. At its greatest extent, the presidency included most of southern India, including all of present-day Andhra Pradesh, almost all of Tamil Nadu and parts of Kerala, Karnataka, Odisha and Telangana in the modern day. The city of Madras was the winter capital of the presidency and Ooty (Udagamandalam) was the summer capital. The Madras State was neighboured by the Kingdom of Mysore to the northwest, the Kingdom of Cochin and Kingdom of Travancore to the southwest, the Kingdom of Pudukkottai in the center, and the Hyderabad State to the north. Some parts of the presidency were also flanked by Bombay State ( Konkan Districts) and Central States (modern Madhya Pradesh). In 1639, the English East India Company purchased the village of Madraspatnam and one year later it establis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Machilipatnam
Machilipatnam (), also known as Masulipatnam and Bandar (), is a city in Krishna district of the Indian state of Andhra Pradesh. It is a municipal corporation and the administrative headquarters of Krishna district. It is also the Tehsil, mandal headquarters of Machilipatnam mandal in Machilipatnam revenue division of the district. The ancient port town served as the settlement of European traders from the 16th century, and it was a major trading port for the Portuguese Empire, Portuguese, British Empire, British, Dutch colonial empire, Dutch and French colonial empire, French in the 17th century. Etymology During the 17th century, it was known by the names ''Masulipatnam'', ''Masulipatam,'' ''Masula'' and ''Bandar'' (Bandar translates to 'port' in Persian language). The port town in the ancient times was also referred with the name ''Maesolia''. History The town has existed since at least the 3rd century BCE (Satavahana period) when, according to Ptolemy, it was known as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pattabhi Sitaramayya
Bhogaraju Pattabhi Sitaramayya (24 November 1880 – 17 December 1959) was an Indian independence activist and political leader in the state of Andhra Pradesh. He was also the first governor (1 November 1956 – 13 June 1957) of Madhya Pradesh. His books include ''Feathers and Stones'', ''The History of Congress'', and ''Gandhi and Gandhism''. Early life and education Born in Gundugolanu village, Krishna district (now part of Eluru district) in Andhra Pradesh to a Telugu Niyogi Brahmin family, Pattabhi graduated from the Madras Christian College, fulfilled his ambition to become a medical practitioner by securing a M.B.C.M. degree. Career Medical and early political career He started his practice as a doctor in the coastal town of Machilipatnam, headquarters of Krishna District and the political centre of Andhra. He left his lucrative practice to join the freedom fighting movement. During the years 1912–13, when there was a great controversy over the desirability of formin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Life Insurance Corporation
The Life Insurance Corporation of India (LIC) is an Indian public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth as of March 2025. It is under the ownership of Government of India and administrative control of the Ministry of Finance. The Life Insurance Corporation of India was established on 1 September 1956, when the Parliament of India passed the Life Insurance of India Act, nationalising the insurance industry in India. Over 245 insurance companies and provident societies were merged. LIC reported 29 crore (290 million) policyholders as of 2019, a total life fund of . The company also reported having settled 2.6 crore (26 million) claims in 2018–19. It ranked 98th on the 2022 Fortune Global 500 list with a revenue of and a profit of . History Founding organisations The Oriental Life Insurance Company, the first company in India to off ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
