Kharagpur is an industrial city in the Indian state of West Bengal. It is located in the Paschim Medinipur district of the state. It is a densely populated, multi-cultural and cosmopolitan city. The first Indian Institutes of Technology (IIT Kharagpur), was founded in this region in May 1950. Kharagpur is known for hosting one of the largest railway workshops in the country. The Kharagpur railway station is a busy and important railway junction and it has the 3rd longest railway platform in the world, stretching for more than 1 kilometer. The city received its name from king Kharga Malla of Mallabhum when he had conquered it. Kharagpur Municipality oversees the administration and the civic affairs in the city. The city has around 3 lakh residents. Bengali is the most commonly spoken language in the area, although many residents speak in Hindi, Telugu, Odia and Punjabi. This city has one of the largest industrial setups in the state. The good connectivity via rail and road ensures availability of labor and raw materials. Many large industrial plants belonging to important establishments like Tata, Siemens, ISD Cement, Godrej, Century Extrusions, Humboldt Wedag, Bengal Energy, Ramco Cements, etc are located in and around Kharagpur. The town has many small rice mills and iron rolling mills. An IT Park is under construction in the city.
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.