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.
Punjab National Bank is the first bank which is Swadeshi and began with the authorized national capital. The business of PNB Bank was started on 12th April 1895. The PNB was the first bank which was entirely managed by the Indians along with the national capital. The bank has spread its network with 6900 branches across India out of which 62% branches are in rural and semi-urban areas. The bank is operating a transformational exercise named as "Mission Parivartan" a think tank division for business excellence to improve the efficiency, profitability, and productivity of the bank for long-term sustenance. In digital banking, the bank has gone under several developments such as the opening of "PNB DIGI-HUT" the first proof of concept model of the digital branch launched at the Dwarka head office. The bank has also introduced an Integrated Fee Portal for its customers to enable fee payments through internet banking gateway. RBI approved the bank to act as Bharat Bill Payment Operating Unit which was made live on September 2017. The bank took some initiatives for driving financial inclusion in fiscal 2018, such as biometrics based aadhar seeding and authentication of the existing customers. It also introduced Atal Pension Yojana registration facility at the Business Correspondent locations.