The city of Chandrapur is situated in the Indian state of Maharashtra. It is a municipal corporation in Chandrapur district and serves as the center of governance of the eponymous district. Chandrapur was originally a Fort city that was founded by a Gond king by the name of Khandakya Ballal Sah in the 13th century. Situated at the confluence of Rivers Irai and Zarpat, the area surrounding the city is rich in minerals, especially coal. Therefore, Chandrapur is popularly known as the "black gold city." The city experiences a hot and dry climate. Chandrapur has around 3.8 lakh residents who mostly speak in Marathi. The natives belonging to the Gond tribe use the Gondi language, whereas Telugu is also widely spoken by Telugu settlers in Chandrapur. Most of the residents are fluent in Hindi and many can speak English. Coal mining mainly fuels the economy of this city, backed by other emerging industries such as cement making, paper manufacturing, and ferroalloy manufacturing. The Chandrapur Super Thermal Power Station employs thousands of residents and also supplies more than 25% of Maharashtras electricity. The Tadoba National Tiger Reserve in the vicinity of Chandrapur is a major attraction for tourists and environmentalists.
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.