secunderabad is the twin city of Hyderabad. It is located in the Indian state of Telangana. It was named after Sikandar Jah, who was the 3rd Nizam of the Asaf Jahi dynasty. Hence it is sometimes spelled as Sikander-a-bad. Secunderabad was a British cantonment, founded in 1806. Secunderabad and Hyderabad are together referred to as the twin cities but they have very different histories and cultures. Secunderabad had developed directly under the British rule until independence whereas Hyderabad was a princely state and the capital of the Nizams. Secunderabad and Hyderabad were earlier divided by the Hussain Sagar lake. However, Secunderabad has been integrated into Hyderabads GHMC municipality. The two cities are collectively known as Hyderabad, Indias fifth largest metropolis. Secunderabad is one of the largest army and air force cantonments in India. The city hosts prestigious educational institutions like the Nizam College and the Osmania University. ITC, Infosys, Intergraph and Coromandel International are few of the many private companies that have set up their offices in Secunderabad. Secunderabad railway station is the headquarter of South Central Railway and it is a major center for railway activity. The city has several industrial areas such as Bolarum, Nacharam, Moula-Ali, Ghatkesar, etc. The Department of Atomic Energy has several units in the city like Atomic Minerals Directorate for Exploration and Research, Nuclear Fuel Complex, ECIL, etc. located in and around Secunderabad.
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.