The towns of Sangli, Miraj and Kupwad in the Sangli district of the Indian state of Maharashtra were clubbed together to form a small city. With a population of about half a million, Sangli-Miraj-Kupwad is considered to be the largest municipal corporation in South Maharashtra. This mini-metropolitan city is governed by the Sangli-Miraj-Kupwad Municipal Corporation, which is made of democratically elected members, headed by a mayor. The town of Sangli is to be found on the banks of river Krishna. Miraj is a major railway junction, a major healthcare center as well as an export hub of various Indian musical instruments. Kupwad, a small town earlier, is an industrial area harboring many foundries, oil manufacturing units, spinning mills, chocolate factories, cold storage, etc. Notable foundries located in this area are Tulsi foundry and J sons foundry. The famous chocolate manufacturer, Lotte, has its factory in this city. Spinning mills like Toto Toya spin ltd, oil manufacturers like Chakan oil mills are also based out of Kupawad. The city has a mixed group of multi-cultural residents who speak in various languages including Marathi, Urdu, Telugu, Kannada and Hindi.
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.