Mau is a town located in the Mau district of the Indian state of Uttar Pradesh. It is officially known as Maunath Bhanjan and it serves as the headquarter of the district. The city has a population of around 22 lakh people and the city celebrates various festivals like Holi, Diwali, Eid, Muharram, Durga Puja, Vijayadashami, Christmas, Bhaiya Duj, Chhath Puja, etc. with grand pomp and show. Mau is an industrial town. The textile industry of Benares and Mubarakpur saw a gradual decline over the last few decades but Mau still stands as one of the last bastions of textile hubs of UP. There are more than 50000 power-looms in the city and the state government is putting extra effort into modernizing this industry at Mau.
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.