Madhyamgram is situated in the Barasat Sadar subdivision of the North 24 Parganas district in the Indian state of West Bengal. It is a suburb of Kolkata, located around 20 kilometers away from the capital city. Madhyamgram was feudal provinces of Bengal under the Ruler of Jessore during the Mughal era. It got passed on to the British East India Company after the Battle of Plassey in 1757. The Labanyabati river would earlier flow through the area and support the agriculture and trade. Paddy was grown in Madhyamgram and exported via river navigation. The place was also known for its fine embroidery work done by the Muslim inhabitants and traded to rich buyers in Delhi and Mumbai. However, the wide channel of the Labanyabati river endured years of silt deposition and turned into a canal. Its name, through the colloquial transformation, got renamed to Noai. It is now a tiny stream and people call it the Noai Canal. There are many textile mills and rubber factories in Madhyamgram which boosts the economy of the city. There are nearly two lakh residents in Madhyamgram and they speak in Bengali. The town has two graduate colleges- Acharya Prafulla Chandra College and Vivekananda College. Most of its residents travel to nearby cities or the metro city of Kolkata for work or education. The city is very well connected to nearby areas via railway and roads.
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.