The city of Raichur is located between Krishna and Tungabhadra rivers in the Indian state of Karnataka. The city houses around 2 lakh residents. Although Kannada is the main language of Raichur, Telugu and Urdu are also widely spoken. Raichur is known for its imposing Raichur Fort which was built in 1294. The fort contains stone inscriptions in Persian and Arabic that adds to its rich history. The had been a part of various empires including the Bahmanis, the Vijayanagara Empire and the Hyderabad empire. The city is also very rich from the epigraphical perspective. Hundreds of inscriptions have been found in the area, ranging from the Mauryan period till the Muslim period, belonging to almost every dynasty that ruled over the Decan. These inscriptions are in a variety of languages such as Kannada, Telugu, Arabic, Sanskrit, Prakrit, and Persian. There are gold mines surrounding the city of Raichur that vastly contribute to the economy of the city. The city is also a leading producer of cotton and oil.
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.