Bhagalpur is a historically important city. It is nestled on the banks of the Ganges in the Indian state of Bihar. Etymologically, the name of the city was derived from the word Bhagdatpuram which means good luck. According to the Hindu mythological texts, it was the place where the Hindu Gods and demons churned the ocean (Samudra Manthan) to procure elixir. Often referred to as the Silk City, Bhagalpur is a major commercial, educational and political center, and it has been selected by PM Narendra Modi for being developed into a smart city. The fertile plains in the Gangetic basin support the cultivation of crops such as rice, barley, wheat, maize and oilseeds. The city has been long associated with the silk industry - its Tussar Silk & Bhagalpuri Sarees are famous all over the country. The thermal power plant of NTPC Kahalgaon is located in the vicinity of the city. This industrial belt is equally important in boosting the citys economy. The Government of India has taken the initiative to establish a Hand-loom park at Bhagalpur. Private entrepreneurs have also set up a food park. Bhagalpurs Vikramshila Gangetic Dolphin Sanctuary is famous for Gangetic dolphins and attracts many tourists and environmentalists. There are various tourist spots like the Mandar Parvat, the Kuppa Ghat and a Stupa from the Pala Empire.
The Deutsche Bank AG is a German financial service and investment banking company based in Frankfurt, Germany. It is present in 58 countries with a presence in Asia, Europe, and the Americas. It is the 17th largest bank in the world by total assets, as of December 2017. The Deutsche Bank company is a component of the Euro Stoxx 50 and DAX stock market indices. It is a universal bank positioned on three pillars the Private & Commercial Bank, the Corporate & Investment Bank and Asset Management. It was founded in Berlin as a specialist bank for foreign trade in 1870. On 22 January 1870, the banks statute was adopted, and on 10 March 1870, the Prussian government granted it a banking license. The law focused more on foreign business. The bank aims to transact all types of banking business and facilitate trade relations between Germany and the other markets. The three founders of Deutsche Bank were Georg Siemens, Adelbert Delbruck, and L. Bamberger. The German importers and exporters were dependent upon English, and French banking institutions previous to the founding of Deutsche Bank in the world markets as German bills were almost unknown in international commerce.