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.
Dhanlaxmi Bank Ltd based in Thrissur City, Kerala, India, is an old private sector bank. On 14 November 1927, it was established at Thrissur city, Kerala. In 1977, it became a Scheduled Commercial Bank. It has a network of 280 bank branches, and 398 ATMs across the states of Kerala,Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, Karnataka, Gujarat, Delhi, West Bengal, Madhya Pradesh, Punjab, Uttar Pradesh, Rajasthan, Chandigarh, Goa, and Haryana. The Centralised Banking Solution (CBS) was adopted by the Dhanlaxmi Bank at all its branches, on the Flexcube platform for extending banking anywhere to its customers. The bank had set up a data centre in Bangalore to keep the networked system operational round the clock. For meeting various contingencies, a disaster recovery centre is also operated by the bank at Thrissur . On 10 August 2010, the name of the bank was changed from Dhanalakshmi Bank to Dhanlaxmi Bank. The bank offered Demat services through selected branches being a depository participant of NSDL (National Security Depository Limited). The Dhanlaxmi bank is offering online trading in association with Religare securities. It has partnered AGS Infotech for installation of ATMs. It provides VISA-branded debit and credit cards to the customers.