Bagaha is a small city located in the Pashchim Champaran district of Bihar. It is a city and a municipality and functions as a subdivision of the Pashchim Champaran district. Bagaha is situated around 64 kilometers north-west of Bettiah and around 294 kilometers away from the state capital Patna. The Gandak River flows through this city, gifting it with fertile soil suitable for cultivation. Bagaha also houses the Valmiki Tiger Reserve. Bagaha has more than 1 lakh residents who mostly speak in Hindi, Bhojpuri and Urdu. The economy of the region is chiefly agrarian and the resident farmers are engaged in the cultivation of paddy, sugarcane and cane reeds.
The Axis bank was founded in 1993 as UTI Bank. It is headquartered in Mumbai, Maharashtra and as of 2018, the bank has a network of 3,703 branches. It has the most extensive ATM network among the private banks. In 2007, the UTI Bank name was changed to Axis Bank. It commenced its operations in 1993 after the GOI allowed the establishment of new private banks. The first branch of the bank was inaugurated in 1994 in Ahmedabad by Mr.Manmohan Singh, who was the Finance Minister of India at that time. The UTI bank was promoted by the Unit Trust of India, LIC, General Insurance Corporation, Oriental Insurance Corporation and few other insurance companies. It became the first bank to launch the travel currency card in 2003 and got listed on London Stock Exchange in 2005. The first overseas branch of UTI Bank was opened in Singapore in 2006 and 2011 it opened an office in Colombo. Deepika Padukone, an actor from Bollywood industry, is the brand ambassador of the Axis Bank. As of March 2016, the bank had more than 50,000 employees. In mobile banking, the bank has introduced Axis pay to facilitate the payments through UPI Interface.