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.
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.