Karaikudi is situated in the Sivaganga district of Tamil Nadu. It is a greater municipality and the states 20th largest urban agglomeration. It is part of the Chettinad area and has been declared a heritage town by the State Government of Tamil Nadu. Karaikudi is known for its palatial houses that are built with limestone called Karai Veedu. Karaikudi has derived its name from the thorny plant called Karai. It has been referred to in the ancient literature as Kareekudi. The name gradually got modified and modernized into Karaikudi. It was established in the 19th century. The oldest known structure in the area is the Koppudaiya Nayagi Amman Temple. The town of Karaikudi is home to the Nagarathars and the Chettiars who form the business community, the financiers and the trade facilitators. Karaikudi is a rapidly developing urban center. UNESCO has proposed to set up a Chettinad Heritage Museum in the area, recognizing the unique architectural style of the region. Karaikudi is known for its palm leaf baskets woven by the women, known as Chettinad Kottan. Chettinadu Kandangi sarees of Karaikudi are widely popular in the region. The handicraft industry in Karaikudi is indeed a thriving business. Karaikudi is also known for its delectable cuisine. There are many prominent temples in the area that attract tourists. Kundrakudi Shanmuganathan Temple, Ariyakudi Thiruvengamudayan Temple, Pillayarpatti Karpagavinayagar temple, Thirumayam Permual Temple, Kannadasan Mandapam, Kamban Manimandapam, Chettinad Raja Palace and Thousand windows house are the visitor attractions in Karaikudi
On 19 July 1969, The GoI nationalized the UCO Bank. The overseas operations of the nationalized UCO bank continued in London, Singapore, and Hong Kong. The Malaysian law forbids the foreign government ownership in banks of Malaysia. Therefore, UCO Bank, Indian Overseas Bank, and Indian Bank contributed in operating a new joint-venture bank, known as United Asian Bank incorporated in Malaysia, with each of the three parent banks owning one-third of the shares. The bank has a regional presence of 3,078 branches and 2564 ATMs with a prospective growth in the number of branches as well as ATMs. The logo of UCO bank includes a pair of clasped hands covered by an octagonal structure. It has been colored blue since the organizations inception is to represent the national responsibility of the bank. The background of the logo is yellow from the beginning. The motto of the UCO Bank is "Honours your Trust". The significant competitors of the bank have always been the State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, Punjab National Bank, Bank of Baroda and the Bank of India. The economic liberalization may bring foreign banks, which could make the inter-bank competition intense for commercial and well-to-do retail customers.