The city of Agra is located on the banks of River Yamuna. It is the home to one of the most famous Indian monuments - the Taj Mahal - which is also one of the seven wonders of the world. The city was founded in 1504 by Sultan Sikandar Lodi of the Delhi Sultanate. This iconic city is a part of the northern Indian state of Uttar Pradesh. It is a bustling haven for tourists from around the globe. The city is very close to the national capital of New Delhi. It has a rich historical and cultural background. Agra was the seat of governance under the Sultanate of Delhi for a while and turned into prominent place during the Mughal age. It is undoubtedly one of the most populated cities in UP, whose economy of Agra is essentially driven by tourism. Many historic monuments, forts and ruins such as the Agra Fort, Fatehpur Sikri, Itimad-Ud-Daulah, the Mughal Heritage Walk, Akbars tomb, Mankameshwar temple, Gurudwara Guru Ka Talare etc. dotted all around the city apart from the famous Taj Mahal. Substantial agricultural produce, crafts, textile as well as leather goods also contribute to the economy and employment in Agra. The sweets of Agra are famous throughout the country. The city nurtures a large number of self-employed individuals who run their own small and medium scale businesses.
The government owns 63.44% of the share capital of Union Bank of India making it one of the largest government-owned bank. As on 30 September 2015, the Union Bank had a network of 6909 ATMs. The online telebanking facility of UBI is available to all the Core Banking Customers, either individual or corporate. UBI had 4214 branches, as of September 2016. Out of them, four bank branches are outside India in Hong Kong, Antwerp, and Sydney (Australia) Dubai International Financial Centre. The representative offices of UBI are at Abu Dhabi, Shanghai, Beijing. The Union Bank of India (Union Bank) was registered as a limited company in Mumbai on 11 November 1919, and Mahatma Gandhi inaugrated it. The Union Bank of India had only four branches - three in Mumbai and one in Saurashtra at the time of Independence in 1947. After Independence, the growth of UBI was accelerated, and the Indian Government nationalized it in 1969. It had 240 branches by that time. The Union Bank of India acquired Belgaum Bank shortly after nationalization. The UBI bought the Miraj State Bank in 1985. In 1999 the Union Bank was requested by the RBI to acquire Sikkim Bank in a rescue after extensive irregularities had been discovered at the non-scheduled bank.