[3] Raja Yarlagadda Sivarama Prasad was the individual who committed the financial resources for starting the institution.

In 1956, linguistic division of States was promulgated and Hyderabad was made the capital of Andhra Pradesh.

India First Life made more than ₹2 billion (US$23 million) in turnover in just four and half months since the insurance company became operational.

India First is the first life insurance company to be recommended for ISO certification within 7 months of inception.

Rail Ticket Booking Facility is made available to all debit card holders as well as to internet banking customers through IRCTC Website through a separate gateway.

The Corporate Website is available in English, Hindi and Telugu Languages communicating Bank's image and information.

Andhra Bank entered an MoU with the Bank of Baroda and Legal & General Group of the UK to form a joint venture life insurance company IndiaFirst Life Insurance Company.

A comprehensive budget with an outlay of ₹55.5 million (US$640,000) was finalised for improving health, sanitation, education and social service facilities in the village.