Being a mandal headquarters, Gudivada is a financial centre. Most of the income is generated from agriculture and fishing. Gudivada has got its significance in the agricultural field way back in 1946 when the Pioneer industry in manufacturing of all sorts of agricultural implements was founded by Late Sri. Kurumaddali Venkata Chalapati Rao popularly known as Pantulu gari shed was established. Gudivada being in heart of Krishna district is great place for real estate business. Trade mostly depends on agricultural yields in that season from the nearby regions. However, jewellery and gold business and cinema seems to have a special place.
Major businesses around this place are: agricultural industries, milk, rice mills, transportation/cargo, fisheries, education, medical, cinema, jewellery, finance, textile, vegetables etc.
Most of the nationalised banks have their branch(s) some of them have ATM and locker Facilities. Following are list of some branches available in Gudivada:
Gudivada Cooperative Urban Bank
Sapthagiri Grameena Bank
Karur Vysya Bank with ATM Facility
Vijaya Bank
Bank of Baroda with ATM Facility
Indian Overseas Bank with ATM Facility
Canara Bank
Andhra Bank with ATM Facility
State Bank of Hyderabad with ATM Facility
State Bank of India with ATM Facility
Indus ind bank with ATM facility
City Union Bank with ATM Facility
Axis Bank with ATM Facility
ICICI Bank with ATM Facility
Union Bank of India with ATM Facility
Syndicate Bank with ATM facility
Central Bank of India
Indian bank
HDFC Bank
Private commercial banks like HSBC, ABN AMRO do not have their branches yet. Stock trading in this region is done mainly with help of stock brokers. Chit fund companies are mostly privately owned; however, companies like Sriram Chits and Margadarsi have their branches
