Bhiwani, a city and a municipal council, is located in the Bhiwani district of the Indian state of Haryana. It is a seat of spiritual learning and the center of regional politics. Bhiwani was known as the Gate of Rajputana before the independence. The city had 12 mighty gates in the 14th century, constructed by Thakur Neem Singh. Bhiwani is known for its conventional school of boxing. Many members of the Indian Boxing Squad are from Bhiwani. Some believe that Bhiwani got its name from Goddess Gauri Bhawani, yet another belief prevails that the name is derived from a Rajput Queen by the name of Bhani. The town has been a prominent center of commerce since the Mughal era. The town is also known for its numerous temples which earns it the name of "The Kashi of Haryana." Bhiwani is known for its textile industry and it houses the Grasim Textile Mills. The Technological Institute of Textile & Sciences at Bhiwani is Indias top textile research institute that was established by the Birla Group. There are also a few other colleges offering courses in technology, nursing and general disciplines.
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.