Dharmavaram is situated in the Anantapur district of Andhra Pradesh. It functions as the divisional headquarter of the Dharmavaram revenue division and the Dharmavaram Mandal. The huge tank at Dharmavaram was built by Kriyasakthi Odeyar, whose mothers name was Dharmamba. The city has got its name there. Dharmavaram is known for cotton and silk weaving industries. The handloom silk sarees of Dharmavaram are popular all over South India. It is often called the silk City of Andhra Pradesh. The economy of the town is driven by the weaving industry. The major crop cultivated in this area is groundnut. Leather puppets are manufactured at Dharmavaram and the city is quite famous for it. Around 1.2 lakh residents live in Dharmavaram, who mostly speak in Telugu. Dharmavaram has adequate government schools to impart primary and secondary school education. It also has a few aided and private schools and colleges. The city has good connectivity in terms of roads and railway.
The DCB bank provides products to individuals, businesses, and corporates across the country. In 2017, it was awarded as the best small bank. It has its presence in 19 states and 3 Union Territories across India. The DCB bank has its NRI customer base from 100 countries across the world. The NRI banking division of DCB bank provides lucrative fixed deposit interest rates across the country. The Aga Khan Fund for Economic Development is the promoter of the DCB bank with a 15% stake. The RBI issued the commercial bank license to the bank on 31st May 1995. The products and services of the DCB bank consist of loans for corporates, small and mid enterprises to loans for the individual needs such as vehicle loan, home loan, gold loan. The bank also provides loans related to Agriculture banking which includes tractor loan, dairy and farm loans, etc. The savings accounts of DCB bank provide attractive values like cash back options and personalized account numbers. As of 2018, the bank has made a presence of 323 branches. The RBI granted the scheduled bank license to DCB Bank in May 1995. The name of the DCB Bank was changed to DCB Bank Ltd with regulatory approval in January 2014.