Baranagar is an emerging city in the Indian state of West Bengal. It is a municipality in the Barrackpore subdivision of the North 24 Parganas district and territorially belongs to the Kolkata Urban Agglomeration. The area was occupied by the in the seventeenth century. An old mansion of the Dutch merchants still remains in the Kutighat area. There was a hog factory in the area where around 3,000 hogs were slaughtered and salted for export every year. Hogs are called "Baraha" in Bengali and hence the area came to be known as "Baraha Nagar" or the "town of hogs." The name got modified to Baranagar later. Baranagar was a renowned center for the extensive jute trade and manufacturing gunny bags during the British era. Baranagar hosts the Indian Statistical Institute or ISI, which is an institution of national importance. It is devoted to research, teaching and application of statistics, social sciences and natural sciences. The city is a major industrial center for the manufacture of agricultural and industrial machinery. Furthermore, the city also has several units for the manufacture of chemicals, castor oil and matches. It also has numerous cotton-processing companies. Temples such as Kaancher Mandir, Joy Mitra Kali Bari and Pathbari draw a lot of local tourists to Baranagar.
DCB Bank Ltd. is a private sector commercial bank having a network of 310 branches and 515 ATMs in India. The bank offers products to small and medium businesses, rural banking, individuals, and mid-corporates across the branch network. The DCB Bank is declared as the Best Small Bank in India by Businessworld Magna Awards 2017. The Bank is present in 19 States and 3 Union Territories. The DCB Bank is also considering expansion in tier 3 to tier 6 towns in Odisha, Karnataka, Chhattisgarh, and Telangana, Andhra Pradesh, Gujarat, Haryana, Madhya Pradesh, Maharashtra. The states where DCB Bank branches are located in India: Andhra Pradesh, Bihar, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Chhattisgarh, Delhi NCR, Gujarat, Goa, Haryana, Karnataka, Uttarakhand and West Bengal. Recently the branches of DCB Bank were inaugurated at Kusnoor (Gulbarga) in Karnataka, Ajmer in Rajasthan and Vishakhapatnam in Andhra Pradesh, New Delhi in the National Capital Region. In the 1930s, in Mumbai from a series of Co-operative bank mergers with the Ismailia Co-operative Bank Limited and the Masalawala Co-operative Bank respectively, DCB bank was found. The promoter of the Bank is the Aga Khan Fund for Economic Development (AKFED) with around 15.02% stake. On 31 May 1995, the Bank received the Scheduled Commercial Bank license from the Reserve Bank of India.