Rajkot is the fourth largest urban agglomeration situated in the West Indian state of Gujarat. The Aji River and Nyari River flow alongside this city. Rajkot functions as the administrative headquarters of the Rajkot District. It has a distinguished place in history for being the hometown of Mohandas Karamchand Gandhi. In the year 2013, Rajkot was recognized for being the city with the best law and order in the country. It also qualifies as one of the cleanest cities in India. The city is segregated into 29 wards that are led by elected representatives and counselors. The economy of Rajkot is chiefly based on small-scale industries with many manufacturing plants and units working on diesel engines, machine tools, kitchen knives and other cutting appliances, etc. Stock trading has gained popularity in Meerut since the 90s. Even the software sector is gradually picking up speed and striving to contribute to Rajkots economy and employment. The city is also well-known for art and jewelry design. There are many renowned educational institutions in this city. Tourists visiting Rajkot have various places to explore in the city. Shri Ramakrishna Ashrama, Rotary Dolls Museum, Saurashtra Cricket Association Stadium, ISKCON Rajkot, Sri Sri Radha Neelmadhav Dham, Aji Dam Garden, etc. are a few places worth visiting.
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.