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Bank Street, Hyderabad
Bank Street is major commercial suburb in Hyderabad, India. There are large number of banks present on this street like SBI, Central Bank, Canara Bank, Andhra Bank, etc. It has a big park located and is famous for its Blood Bank. It connects Abids and Chaderghat. Commercial area There are many electronics shops here and ''Gujarati Galli'' has more concentration of such shops. There is a popular sweets shop called as Bombay Halwa. There is a popular Irani cafe here called Grand Hotel here. It also is home to an old Government run hospital ENT Hospital. Also has a very old bar since the time of the Nizams called as ''Rustum Fram''. One of India's oldest and largest pharmaceutical companiesJ & J Dechane Labs a 101-year-old ayurvedic manufacturing unit, is also located here. Transport The TSRTC Telangana State Road Transport Corporation (abbreviated as TSRTC) is a state-owned corporation that runs bus transport services to and from the Indian state of Telangana. It was fo ...
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States And Territories Of India
India is a federal union comprising 28 states and 8 union territories, with a total of 36 entities. The states and union territories are further subdivided into districts and smaller administrative divisions. History Pre-independence The Indian subcontinent has been ruled by many different ethnic groups throughout its history, each instituting their own policies of administrative division in the region. The British Raj The British Raj (; from Hindi language, Hindi ''rāj'': kingdom, realm, state, or empire) was the rule of the British The Crown, Crown on the Indian subcontinent; * * it is also called Crown rule in India, * * * * or Direct rule in India, * Q ... mostly retained the administrative structure of the preceding Mughal Empire. India was divided into provinces (also called Presidencies), directly governed by the British, and princely states, which were nominally controlled by a local prince or raja loyal to the British Empire, which held ''de f ...
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State Bank Of India
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 49th largest bank in the world by total assets and ranked 221st in the '' Fortune Global 500'' list of the world's biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the fifth largest employer in India with nearly 250,000 employees. On 14 September 2022, State Bank of India became the third lender (after HDFC Bank and ICICI Bank) and seventh Indian company to cross the 5-trillion market capitalisation on the Indian stock exchanges for the first time. The bank descends from the Bank of Calcutta, founded in 1806 via the Imperial Bank of India, making it the oldest commercial bank in the Indian subcontinent. The Bank of Madras merged i ...
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Hyderabad Multi-Modal Transport System
The Hyderabad Multi-Modal Transport System, commonly abbreviated MMTS, is a suburban rail system in Hyderabad, India. A joint venture of the government of Telangana and the South Central Railway, it is operated by the latter. The system operates on three main routes: Falaknuma–Lingampalli, Hyderabad–Falaknuma and Hyderabad–Lingampalli. History The first phase was opened to the public on 9 August 2003 by Deputy Prime Minister of India L.K. Advani. The second phase was opened by N.Chandrababu Naidu, chief minister of Andhra Pradesh. The system has three lines, with total length of . In May, 2010, Indian Railways decided to take over the Phase II project at an estimated cost of 641 crore. The Railway Board cleared the second phase after the state government agreed to fund two-thirds of the cost, and it is under construction. Phase I The first phase was completed at a cost of , and it was inaugurated on 9 August 2003 by Deputy Prime Minister of India L. K. Ad ...
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TSRTC
Telangana State Road Transport Corporation (abbreviated as TSRTC) is a state-owned corporation that runs bus transport services to and from the Indian state of Telangana. It was formed in 2014 by splitting the Andhra Pradesh State Road Transport Corporation. Many other Indian metro towns in Andhra Pradesh, Karnataka, Maharashtra, Goa and Chhattisgarh are also linked with the services of TSRTC. It serves about 6 million passengers every day, having three zones and services operating through 97 depots. History Road transport corporation in Telangana State was first established as NSRRTD ( Nizam State Rail & Road Transport Department), a wing of Nizam State Railway in the erstwhile Hyderabad State, in 1932, with 27 buses and 166 employees. Andhra Pradesh State Road Transport Corporation (APSRTC) was established on 11 January 1958 in pursuance of the Road Transport Corporations Act 1950. Consequent upon bifurcation of Andhra Pradesh state into Telangana and residual Andhra ...
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Nizam
The Nizams were the rulers of Hyderabad from the 18th through the 20th century. Nizam of Hyderabad (Niẓām ul-Mulk, also known as Asaf Jah) was the title of the monarch of the Hyderabad State ( divided between the state of Telangana, Marathwada region of Maharashtra and Kalyana-Karnataka region of Karnataka). ''Nizam'', shortened from ''Nizam-ul-Mulk'', meaning ''Administrator of the Realm'', was the title inherited by Asaf Jah I. He was the former '' Naib'' (suzerain) of the Great Mughal in the Deccan, the premier courtier of Mughal India until 1724, the founding of an independent monarchy as the " Nizam (title) of Hyderabad". The Asaf Jahi dynasty was founded by Mir Qamar-ud-Din Siddiqi (Asaf Jah I), who served as a ''Naib'' of the Deccan sultanates under the Moghul Empire from 1713 to 1721. He intermittently ruled the region after Emperor Aurangzeb's death in 1707. In 1724 Mughal control weakened, and Asaf Jah became virtually independent of the Mughal Empire ...
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Irani Café
Irani cafés are Iranian-style cafés in the Indian subcontinent. They were originally opened by Zoroastrian Irani immigrants to British India in the 19th century, fleeing Safavid persecution or looking for better economic prospects. In India, Mumbai, Pune and Hyderabad boast a number of Irani cafés, which are very popular for ''Irani chai'' (tea). In the 1950s, there were 350 Irani cafés; today, only 25 remain. Karachi, Pakistan, was also home to many Irani cafés. History They were originally opened by Zoroastrian Irani immigrants to British India in the 19th century after they fled from Safavid persecution in West and Central Asia. Writing for the ''Hindu Business Line'', on "Mumbai's Irani hotspots", Sarika Mehta stated, "The classic format of these cafes is basic with a subtle colonial touch; high ceilings with black, bent wooden chairs (now cane in some cafes), wooden tables with marble tops and glass jars that allow a peek into the goodies they hold. With huge glass ...
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Chaderghat
Chaderghat is considered one of the busiest areas of Hyderabad city and is located on the banks of Musi River. Chaderghat Bridge was built during the time of the Nizams and connects major suburbs to the main city. The original name of Chadherghat was "Oliphant Nagar". History The Urdu word ''Chadar'' is used to refer to a white sheet. The locality was so-called after an anicut across the river which formed a ‘Chadar’ or a sheet of water. The famous Chaderghat bridge, or Oliphant Bridge as it was known then, was built in 1831 and named after James Oliphant. Chaderghat was first declared a Municipality in 1886. In 1933, it was merged with Hyderabad Municipality to form Hyderabad Municipal Corporation. Chaderghat is surrounded by Koti, Gowliguda, Kachiguda, Darulshifa and Malakpet Localities. Commercial Significance There is a shopping area with various shopping malls and corner grocery stores. The Hyderabadi restaurant, Niagara is located here. This is also a home to ...
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Abids
Abids is a major commercial center in Hyderabad, India. Abids is well known as the oldest and most famous business area in Hyderabad. The state government building (TSFC), and the President Plaza, Badshah palace are located here. A variety of businesses are located here, unlike most markets which are known for specializing in a certain trade. This area's importance has increased because of its close proximity to Nampally Railway Station. It is surrounded by Basheerbagh to the north, Nampally to the east via Chapel Road, Koti to the west, and Chaderghat to the south, via the Bank Street. It falls under Nampally constituency. History The St. George's Grammar School (established in 1834), and adjoining St. George's Church (established in 1844) predate the area's naming. This area had a shop known as Abid's belonging to an Armenian merchant known as Albert Abid, a valet of Nizam VI of Hyderabad state, hence the area came to be known as ''Abids''. Albert Abid left for ...
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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 on 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 Bhogaraju 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 institut ...
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Canara Bank
Canara Bank is an Indian public sector bank under the control and ownership of Ministry of Finance, Government of India. Established in 1906 at Mangalore by Ammembal Subba Rao Pai, the bank also has offices in London, Dubai and New York. History Ammembal Subba Rao Pai, a philanthropist, established the ''Canara Hindu Permanent Fund'' in Mangalore, India, on 1 July 1906. Canara Bank's first acquisition took place in 1961 when it acquired Bank of Kerala. This had been founded in September 1944 and at the time of its acquisition on 20 May 1961 had three branches. The second bank that Canara Bank acquired was Seasia Midland Bank ( Alleppey), which had been established on 26 July 1930 and had seven branches at the time of its takeover. In 1958, the Reserve Bank of India had ordered Canara Bank to acquire G. Raghumathmul Bank, in Hyderabad. This bank had been established in 1870, and had converted to a limited company in 1925. At the time of the acquisition G. Raghumathmul Bank had ...
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Central Bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank (" lender of last resort"); * Reserve management: managing a cou ...
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India
India, officially the Republic of India ( Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Th ...
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