Known for its delectable idli, sambhar, vada and dosa and the artistic dance form of Bharatnatyam, Chennai is the capital city of the Indian state of Tamil Nadu and it is undoubtedly one of the of the most significant cultural, educational and economic centers in South India. The city itself is a conglomerate of urban villages as well as diverse neighborhoods. The people of Chennai boast of their South Indian artistic, religious and culinary traditions. The people of Chennai are infectiously enthusiastic about their city and unfathomably passionate about their language. Tamil is the most used language in Chennai, followed by English. Hindi is not popular in this city, which can be a glitch for Hindi-speaking North Indians. Being a city in the southern tip of India, Chennai is known for its notorious sweltering southern heat. Yet thousands of tourists flock to Chennai to peak around the museums, savor the authentic South Indian delicacies, enjoy the scenic beaches and explore the beautiful temples. Recent years have thrown in a new layer on Chennai as the city has recently seen a cosmopolitan makeover. Luxury hotels, sparkling boutiques, contemporary restaurants, quirky cafes, a lot of swanky bars and clubs have sprouted all over the city, attracting a cosmopolitan crowd to this beautiful seat of ancient culture and heritage.
The Axis Bank has 14,000 ATMs, nine international offices, and 3,304 branches. The head office of Axis Bank is in Mumbai and registered office in Ahmedabad. The Axis Bank is the third largest private-sector bank in India offering a comprehensive range of financial products. The bank employed over 55,000 people and had a market capitalization of ?1.28 trillion, as of March 31, 2017. As of 30 Jun. 2016, the promoters & promoter group (United India Insurance Company Limited, Oriental Insurance Company Limited, National Insurance Company Limited, New India Assurance Company Ltd, GIC, LIC & UTI) owns the 30.81% shares of the Axis Bank. The rest of the 69.19% shares are held by Mutual Funds Institutions, FIIs, Financial Institutions (banks), Insurance companies, corporate bodies & individual investors among others. The registered office of the UTI bank was opened in Ahmedabad, and corporate office was opened in Mumbai in December 1993. Dr. Manmohan Singh, the Finance Minister of India, inaugurated the first branch on 2 April 1994 in Ahmedabad. After the Government of India allowed new private banks to be incorporated, the UTI Bank began its operations in 1993. In 2001 UTI Bank agreed to merge with and amalgamate Global Trust Bank, but the Reserve Bank of India (RBI) withheld approval, and nothing came of this. In 2004 the RBI put Global Trust into moratorium and supervised its merger into Oriental Bank of Commerce. The UTI Bank became the first Indian bank to launch the travel currency card in 2003. On July 30, 2007, UTI Bank changed its name to Axis Bank.