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.
Punjab National Bank is the first bank which is Swadeshi and began with the authorized national capital. The business of PNB Bank was started on 12th April 1895. The PNB was the first bank which was entirely managed by the Indians along with the national capital. The bank has spread its network with 6900 branches across India out of which 62% branches are in rural and semi-urban areas. The bank is operating a transformational exercise named as "Mission Parivartan" a think tank division for business excellence to improve the efficiency, profitability, and productivity of the bank for long-term sustenance. In digital banking, the bank has gone under several developments such as the opening of "PNB DIGI-HUT" the first proof of concept model of the digital branch launched at the Dwarka head office. The bank has also introduced an Integrated Fee Portal for its customers to enable fee payments through internet banking gateway. RBI approved the bank to act as Bharat Bill Payment Operating Unit which was made live on September 2017. The bank took some initiatives for driving financial inclusion in fiscal 2018, such as biometrics based aadhar seeding and authentication of the existing customers. It also introduced Atal Pension Yojana registration facility at the Business Correspondent locations.