The scenic city of Imphal is the capital of the Indian state of Manipur. The ruins of the ancient Palace of Kangla, which is surrounded by a moat, is located in the center of this city. It used to be the royal seat of Kingdom of Manipur. The city is known for its several prestigious educational institutions such as IIIT Manipur, Manipur Institute of Technology, NIT Manipur, Manipur Technical University, Jawaharlal Nehru Institute of Medical Science, Manipur Central University, Central Agricultural University, National Sports University, Manipur University of Culture, etc. There are several branches of Don Bosco, DAV Public School, Kendriya Vidyalaya and Jawahar Navodaya Schools in and around the city that makes Imphal an educational hub. Imphal serves as an important location for tourism in Manipur - the Kangla Fort on the banks of the Imphal River has many temples inside and is surrounded by a beautiful lake. The Hiyangthang Lairembi Temple Complex, Imphal War Cemetery, India Peace Memorial on Red Hill, Ima Keithel Womens Market are few of the places in the city that are worth visiting. The economy of Imphal is primarily agrarian. The soil and the climatic conditions support the cultivation of various grains, oilseeds, fruits and vegetables. The handloom and handicraft industry is the largest cottage industry in the city and excels in weaving as well as cane and bamboo crafts. Tourism also fuels the citys economy.
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.