Nagercoil is located in the Indian state of Tamil Nadu. It functions as the administrative headquarters of Kanyakumari. Nagercoil is situated very close to the tip of the Indian peninsula. It is surrounded by the Western Ghats on all sides. Earlier, it was a part of the Travancore state for a brief period soon after the Indian independence. It was merged with Tamil Nadu in 1956. The city has a Temple of the Nagas which is known as the Nagaraja Temple. The city has acquired its name from this temple. The Fish-net manufacturing is a thriving business in and around the town. Commercial fishing nets are manufactured and supplied to the domestic and export markets. Other cottage industries such as coir-making, handloom-weaving, floral trade, rubber products, food-processing units and lace-making also contribute to the citys economy as they are manufactured for trade. There are many reputed educational institutions in this city. A few interesting places worth visiting in and around this city are the Nagaraja Temple, Nagercoil Clock Tower, St. Xaviers Church, 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.