Durg is small a city in the Indian state of Chhattisgarh. It functions as the headquarters of the Durg District. The city is a part of the Durg-Bhilai urban agglomeration. The Shivnath River flows through this city. The city of Durg has a population of more than 2 lakh residents and Hindi is the most commonly used language in the area. It is a hub for Chhattisgarh?s industrial development by meaningfully using its resources. Durg is known for its cultural competency and social harmony. The is a Jain shrine in the Nagpura area, the Chandi Mandir and Maitri Garden are places worth visiting in this city.
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.