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.
The DCB bank was founded in 1930. It is headquartered in Mumbai, Maharashtra, India. It is a private bank, and the stocks of DCB bank are listed on Bombay Stock Exchange and National Stock Exchange of India. Mr. Nasser Munji is the chairman, and Mr. Murali M Natrajan is the MD and CEO of the DCB bank. The products that DCB Bank offers are Consumer Banking, Corporate Banking, Mortgage loans, Private Banking, wealth management and investment banking. The DCB bank is present in 19 states of India. Some the states are Bihar, AP, Delhi NCR, Karnataka, Kerela, MP, Rajasthan, Maharashtra, Tamil Nadu, UP, Odisha, Haryana, Uttrakhand, and Telangana. In Corporate Social Responsibility(CSR), the bank is leading a waste and water management programme. Currently, in 2018, the bank has a network of 323 branches which has been increased from 160 offices, the number it had two years back. In 2016, the DCB Bank or Development Credit Bank Ltd offered shares to the public through Initial Public Offering(IPO). The Development Credit Bank was changed from Development Co-operative Bank after the two banks were merged.