Madanapalle is located in the Chittoor district of Andhra Pradesh. The town functions as the headquarter of the Madanapalle revenue division and mandal. The town was founded by Sri Ahobila Nayunivaru in 1618 AD. The economy of Madanapalle is based on agriculture. The main cultivated products are tomato, mango, groundnut, tamarind, etc. It is the largest tomato market in Asia. The tomatoes from this area are supplied to many Indian states. Madanapalle is known for its silk products like silk saris and dress materials. One can get good quality silk products at nominal costs. These silk garments are supplied to all major cities in South India such as Bangalore, Chennai and all silk product towns for sales. Madanapalle surroundings have enormous reserves of granite. Madanapalle is well connected to all nearby areas via road and rail. Three Bus terminals provide services in Madanapalle. Madanapalle Road Railway Station connects the town to the nearby cities of Guntakal and Secunderabad.
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.