Bhilai, popularly known as the ?Steel City of India," is situated in the Indian state of Chhattisgarh. It is also the administrative capital of Durg district, divided into 68 administrative wards for better governance. The city has been named after the Bhil tribe which inhabited this region. The city is famous for the Bhilai Steel Plant, which is one of the oldest bedrocks of Indias economy. It was the first Indian Steel plant that produced steel rails. The chemical industry is also quite flourishing in Bhilai. The economy of the city is mainly based on the steel manufacturing plant built here. The city houses many educational institutions and universities like Christian College of Engineering & Technology, CSVTU Bhilai, R.S.R Rungta College of Engineering and Technology, Shri Shankaracharya College of Nursing, Rungta College of Dental Sciences and Research, etc. A few interesting places to visit in the vicinity of Bhilai include the Ganga Maiya Temple, Civic Centre, Tandhula Dam, Maitri Bag, Dhamadha River, Siya Devi temple, Bambleshwari Temple, Deobaldo, Narpura temple, etc.
The Union Bank of India was incorporated on 11th November 1919 with its headquarters in Mumbai. In the year 1921, The Head Office of the Bank in Mumbai was inaugurated by Mahatma Gandhi. The Bank has a presence of over 4200+ branches across India. The core values of bank management are reflected in the fact that the bank has shown an exponential profit growth in last 96 years of its working. The Union Bank has been playing a very proactive role in the economic growth of India. It extends credit to meet the requirements of different sectors of the economy such as Industries, exports, trading, agriculture, infrastructure. Along with that, there are individual sectors in which the bank has given credit to influence economic growth and to earn from a well-diversified portfolio of assets. The resources of the bank are mobilized through Term Deposits, Current, Savings, and through refinance and borrowings from abroad. The Union Bank consists of large customer base of over 5.7 crores. On the technology front, the Bank has been an early adopter of technology due to which 100% of its branches are computerized. Shri Rajkiran Rai G. is the current Managing Director and CEO of the bank.