Vizianagaram is a seaside city in the Indian state of Andhra Pradesh. It functions as the headquarters of the Vizianagaram district and mandal. The city is close to the Bay of Bengal and around 40 kilometers away from Visakhapatnam. Various rivers flow through the city such as Nagavali, Vegavathi, Champavathi, Gomukhi, Suvarnamukhi, and Gostani, rendering the area very fertile and conducive to agriculture. There are several irrigation projects on these rivers which indirectly contribute to the economy of the city. The city experiences a predominantly hot and humid climate throughout the year. Around 2.3 lakh residents live in Vizianagaram who mainly speak in Telugu. The city is known for its production of Jute. The coastal belt of Vizianagaram is known for salt cultivation. The largest industry in this area is the manufacture units of ferromanganese. The city has 22 large-scale industries that manufacture jute twine, ferroalloys, sponge, sugar, cement, pharmaceuticals and iron. Vizianagaram has quite a few small-scale industries that focus on general engineering, motor workshops, RCC spun pipes, sawmills, aluminum utensils, groundnut oil mills, rolling mills and vehicle parts.
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.