satara is a city in the Satara District of the Indian state of Maharashtra. It lies near the confluence of the Krishna and the Venna rivers. The city was established in the 16th century and has been named after the seven forts (sat-tara) found in and around the city. Satara is famous for its sweet called kandi pedhe. It is located at the base of the famous Ajinkyatara fort. There is a unique statue of Shivaji standing near a canon (instead of riding a horse) in Satara. The city has centuries-old ancient palaces called Juna Rajwada and Nava Rajwada that are famous for its majestic grandeur. The Thoseghar Waterfalls and the Vajrai Waterfall in the vicinity of the city are famous tourist attractions. This growing city has a population of around 1.2 lakh people. It is well connected to all other cities in the vicinity through road and railways.
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.