Nagpur is a sprawling metropolis in the Indian state of Maharashtra. It is considered to be the winter capital of the state as the winter session of the Maharashtra State Assembly is held in Nagpur every year. It is not only the third largest city in Maharashtra but is also an important political and commercial center of the state. It is sometimes referred to as the Orange City for the famous Nagpur oranges that are cultivated in the city and traded extensively. Nagpur has tropical savannah climate which has predominantly dry weather prevailing throughout the year, with a bit of rainfall in June and July. Being one of the cleanest Indian cities, Nagpur offers great perks to its residents in terms of livability, health-care, greenery and public transport. Nagpur provides a base for the Indian armed forces. The 118th infantry battalion of the Indian Army is at Sitabuli fort in Nagpur. The Maintenance Command of Indian Air Force is also currently headquartered at Vayusena Nagar in Nagpur. A few of India?s pre-eminent education institutes like IIM, NIT, AIIMS, etc. have their branches in Nagpur. Although Nagpur is not exactly a tourist destination, there are several forests, tiger rivers and Buddhist stupas in and around the city that are worth visiting.
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.