Kolhapur is a city in the Indian state of Maharashtra. It serves as the administrative headquarters of Kolhapur District. Kolhapur has a vast historical and cultural background and is often recognized by its historical name of Karvir. Its history is marked by the rule of several dynasties who left their marks at various places in the city is marked in terms of palaces and other landmarks. The economy of the city is fuelled by manufacturing industries like textiles, leather and handicraft. Tourism and agriculture are the other two source of income for people in this city. The city is famous for its nation-wide popular Kolhapuri chappal, which is a hand-crafted buffalo leather slipper, locally tanned using vegetable dyes. Other handicrafts include manual block printing on textiles, silver goods, oxidized silver artwork, jewelry crafting, pottery, wood carving, lacquerware, brass sheet work and embroidery. The Marathi Film Industry is based out of Kolhapur and considerably contributes to the citys economic growth. The tourism industry draws devotees and tourists alike to this city. The city serves as a religious and tourist destination for Indians due to places like Mahalaxmi Temple, Jyotiba Temple, Siddhagiri Museum, Panhala Fort, Rankala Lake, etc.
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.