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 Bandhan Bank Ltd. is based in Kolkata, West Bengal. Bandhan started as a micro-finance company in 2001 and received its banking license from the RBI in 2014. On 27th March 2018, it became the 8th largest bank in India by market capitalization. The Bank has 840 branches, 2,443 Doorstep Services, 282 ATMs and 12,004 Mini-ATMs or Hand-Held Devices according to the Annual Report of the bank (2016-17). Mr. Harun Rasid Khan is the chairman of the Bandhan Bank. In July 2016, he had been the Deputy Governor of the Reserve Bank of India. The founder cum managing director and chief executive officer of the Bandhan Bank are Mr. Chandra Shekhar Ghosh. The RBI licensing norms state explicitly that a new bank must have a ? 500 crore capital. The Bandhan Financial Services Limited (BFSL), one of the largest microfinance organization in India owns The Bandhan Financial Holdings. The SIDBI bank, International Finance Corporation (IFC), Financial Inclusion Trust, North Eastern Financial Inclusion Trust, Singapore Sovereign Wealth Fund GIC and the Bandhan Employees Welfare Trust are the significant investors in the parent organization of Bandhan Bank. The Bandhan Bank get listed on the Bombay stock exchange. On 23rd August 2015, the Bandhan bank was launched by the Union Minister of Finance, Shri Arun Jaitley Ji in Kolkata, West Bengal, India. After a year, the first-anniversary celebration of Bandhan Bank was attended by the President of India, Shri Pranab Mukherjee. For mobile banking, the Bandhan bank has launched m Bandhan app which is available for download on google play store and apple store. The users can check their account information and make money transfers through the app.