Raebareli is a city as well as a municipal board that functions as the administrative headquarter of the Raebareli district in Uttar Pradesh. The city is situated on the bank of the Sai river, The city has many architectural wonders and sites, chief among which is a strong and spacious fort. The city is a part of the Gangetic alluvial plain. The mineral of importance in this area is kankar. Deposits of reh and brick earth are also found in the nearby areas. The Rae Bareli district is under the Lucknow division of the state. The city is divided into 15 blocks to ensure effective management and civic governance. Raebareli has quite a few educational institutions of great repute such as campuses of Kendriya Vidyalaya, AIIMS, NIFT, etc. The Indira Gandhi Rashtriya Uran Akademi is an institute located in Raebareli that trains pilots. There are around 2 lakh residents in this city who speak in Hindi.
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.