Karnal is situated within the National Capital Region. It functions as the headquarters of the Karnal District of Haryana. It is believed that the city was founded by Karna, an important figure in the Hindu epic of Mahabharata, who had died at the hands of archrival and his half-brother, Arjuna. It is one of the 100 cities that are being developed into smart cities as per PM Narendra Modis Smart Cities Mission. It is one of the cleanest cities in the country that houses many reputed educational institutions like Kalpana Chawla Government Medical College, Maharana Pratap Horticultural University of Karnal, Dyal Singh College, and branches of famous schools like Delhi Public School and Kendriya Vidyalaya. The city served as a refuge for the British survivors during the 1857 Uprising in Delhi.
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.