Jhansi is a famous and historic city in the Indian state of Uttar Pradesh. It is located in Bundelkhand, between River Pahuj and Betwa, towards the extreme south of the state. The city of Jhansi serves as the administrative headquarters of both the Jhansi district and the Jhansi division. The city of Jhansi was earlier a walled town known by the name of Balwantnagar. It was ruled by the Marathas for a long time and Rani Lakshmi Bai was the celebrated empress of Jhansi who brought the region into the limelight. The city is known for its offerings to tourism - the historical Jhansi Fort attracts a lot of visitors apart from the Government Museum of Jhansi, the Rani Mahal, and several other temples. The city is well connected to all the major neighboring cities through railway and road. Apart from some prestigious colleges and universities like Bundelkhand University, Rani Lakshmi Bai Central Agricultural University, Government Polytechnic Jhansi, etc., Jhansi also has two well-acclaimed research institutes - Indian Grassland & Fodder Research Institute and Central Agro-Forestry Research Institute.
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.