surat is a rapidly developing city in the Indian state of Gujarat. Surat was a large seaport earlier; it is now a flourishing center for diamond cutting and polishing. The city center of Surat is located on the banks of the Tapti River and is quite close to the Arabian Sea. Apart from its diamond industry, Surat has also achieved huge success in the textile industry and is gradually proceeding into the IT sector. Microsoft and IBM have taken up the task of developing Surat into a smart city with special attention towards Citizen Services, Waste Management and Disaster Management. Surat is known for its wonderful infrastructure - it is often called the city of flyovers. Surat is also known for its sense of hygiene - despite its industrial backdrop, Surat proudly claims to be one of the tidiest and cleanest cities in the country. Surat is a culturally diversified city. Apart from being called the "Diamond City" and the "Silk City", Surat is often referred to as mini India, owing to a large number of immigrants from all over India. Surat is probably the only city in Gujarat that celebrates non-Gujarati festivals. Surats landscape comprises a bustling city with all the modern amenities and industries on one hand and gorgeous beaches on the other. This avid juxtaposition makes the city all the more picturesque., surat is a fast growing city in the state of Gujarat. Surat used to be a seaport earlier. It is now flourishing in diamond cutting and polishing. Thriving on the banks of River Tapti, Surat is near the Arabian Sea. Besides its flourishing diamond business, the city has also achieved immense success in the textile industry. It is now setting its initial footsteps in the IT sector. IBM and Microsoft are developing Surat into a smart city by improving its Services for Citizens, Waste Management and Disaster Management. Surat is often referred to as the "Silk City", "Diamond City" and it is of late being viewed as a mini India, since a large number of immigrants are moving to Surat from all over India thus making it a culturally diversified city. No other city in Gujarat indulges so much in the cultures of other states as Surat does by celebrating many non-Gujarati festivals. The vibrant essence of the city comprises of a bustling city crowd with all the available modern amenities. While there is an industrial belt on one hand, there are gorgeous beaches on the other. This avid combination makes the city all the more picturesque and appealing.
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.