Durgapur, situated in the Burdwan district of the Indian state of West Bengal, is Indias second planned city. It is the third largest city in West Bengal and is also known as the "Ruhr of India." It lies beside the Damodar River and is the only city in the eastern part of India to have an operational dry dock. The city is a base of industrialization in East India owing to it coal-rich belt which supports the flourishing steel, cement, thermal power and chemicals industries. Large-scale industries like the Durgapur Steel Plant, the Durgapur Thermal Power Station, the Durgapur Cement Ltd, Graphite India Ltd, Hindustan Fertilizer Corporation, etc are based out of this city. Education is another sector that has a strong hold on this region. Institutions like National Institute of Technology, National Power Training Institute, Central Mechanical Engineering Research Institute, apart from several Kendriya Vidyalayas and Jawahar Navodaya Vidyalayas School ensure quality education to the youth of Durgapur. Durgapur is not exactly a typical spot for tourism. However, some of the places worth visiting include Durgapur Barrage, Mohan Kumar Mangalam Park, Anand Amusement Park, Rahreswar Shibtola, Ram Mandir, Deul Park, Garh Jungle, etc.
The Deutsche Bank was founded in 1870, and its first domestic branches were opened in Bremen and Hamburg in 1871 and 1872. The branch opening in London was a prime necessity for the establishment of credit for the German trade. Significant projects in the early years of the bank included the Northern Pacific Railroad in the US and the Baghdad Railway in 1888. In Germany, the bank was contributory in the financing of steel company Krupp (1879) bond offerings. In the 1890s, the new period of expansion at Deutsche Bank began. The bank associated with some giant regional banks, making its entry into leading industrial regions of Germany. Joint ventures were symptomatic of the concentration then underway in the German banking industry. Having domestic branches of its own was still something of a rarity for Deutsche Bank; in 1886 the Frankfurt branch established and the Munich branch in 1892, while further offices were opened in 1901 in Dresden and Leipzig. The formation of Deutsche Ueberseeische Bank in 1886 was gently pressurized by the foreign ministry, and three years later the stake was taken in the newly established Deutsch-Asiatische Bank. But the success of those companies showed that their existence was commercially justified.