Coimbatore is situated in the south Indian state of Tamil Nadu. It is the second largest city in the state, after Chennai. Coimbatore is one of the largest producers of cotton and it is famous for its textile industry. The city has played an essential role in the Indian independence and has gained popularity after independence. It has witnessed industrial growth in the last few decades concerning the textile industry, information technology, commerce, education and healthcare. It is known as the manufacturing hub of Tamil Nadu. The city is surrounded by the Western Ghats in the West and the North. The Nilgiri Biosphere Reserve is on the northern side of the city. The citys urban wetlands are home to around 116 species of resident and migratory birds. Many exotic birds such as the spot-billed pelican, painted stork, ibis and black-winged stilt visit the area on their migration route. Coimbatore has a lot of entrepreneurial ventures. Although a diverse and cosmopolitan city, Coimbatore has a refined taste for art and culture. It conducts its own music, art and dance festivals every year around September and December, during the Margazhi month of the Tamil calendar. Coimbatore serves as an educational hub for South India. The Coimbatore district hosts seven universities apart from many engineering, medical and polytechnic colleges. There are more than 150 Arts and Science Colleges in the city besides a large number of schools.
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.