The city of Sagar is located in the Indian state of Madhya Pradesh. It is situated on the Vindhya Range at the height of 1758 feet above sea-level. Sagar is located almost in the center of the country. Its original name was saugor which is a combination of two words: sau that means Hundred in Hindi and garh which is the Hindi word for forts. The city had countless small-forts in its vicinity and hence it was named this way. The original name was eventually modified to Sagar. This city has been selected to be developed as a smart city under PM Narendra Modis flagship Smart Cities Mission. The city experiences a humid subtropical climate with hot summers and comfortable winters. Sagar is home to more than 2 million residents.
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.