The city of Bidar is also known as The Crown of Karnataka. Located atop a small hill in the north-eastern regions of Karnataka, this city borders Maharashtra and Telangana state. It is a rapidly urbanizing city, well known for its architectural, historical and religious importance. The 500 years old Bidar fort still stands strongly, picturesquely perched on the Deccan plateau. There are more than 30 tombs spread across Bidar city, which has earned it the nickname of the "City of Whispering Monuments." Several heritage sites in and around this city have become a dominant attraction for film shooting recently. Bidar hosts the second biggest Indian Air Force training center in India. The IAF Station at Bidar gives advanced jet training to prospective fighter pilots. Bidar is known for its cottage industries like cotton and oil-ginning mills, that work on local raw materials and employ local skills. Bidri ware, a well-known form of local handicraft, was once highly popular in this region but is gradually declining. The city is famous for its large industrial area, known as the Kolhar industrial area, which houses several successful pharma companies such as Sai Life Sciences, vivimed, corvine pharma, shreegen pharma, shreevan chemicals, santho carrels pharma, etc. Bidar is known for its highly successful tourism industry that single-handedly fuels a majority of the citys economy.
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.