sri Ganganagar, referred to as SGNR in short, is a planned city in the Indian state of Rajasthan. It is the northern-most city of the state, located near the state border between Rajasthan and Punjab as well as the international border between India and Pakistan. It functions as the administrative headquarter of the eponymous district. The city is named after Maharaja Shri Ganga Singh Bahadur who was the Maharaja of Bikaner. Sri Ganganagar is often referred to as "the food basket of Rajasthan." SGNR is one the earliest well-planned modern cities of the country, believed to have been influenced by the town planning of Paris. The city is divided into blocks of the residential and commercial areas. The Sutlej enters Rajasthan near Sri Ganganagar. The city is situated on the Thar Desert and most of its flora and fauna survives on irrigation canals. Owing to its location, the city experiences extreme weather conditions - summer temperature can go up to 50 degrees and winters might be below zero degrees. The economy of Sri Ganganagar is based on agriculture. The desert town has been converted into a green city which supports the cultivation of wheat, mustard and cotton. Crops are guar, bajra, sugar cane and grams are also grown in this area. Farmers have recently started focusing on horticultural products too. The industries that have developed in the area are based on the agricultural produce. There are quite a few factories working on cotton ginning, pressing and spinning. Rice and sugar mills are also popular in the area.
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.