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 Union Bank of India was established on 11th November 1919 in Mumbai. In the year 1921, and inaugurated by Mahatma Gandhi, the father of the nation during that period. The Bank has network of more than 4200 branches across the country. The core values of bank are reflected in the fact that the bank has shown an exponential profit growth in last 96 years of its working. The bank has been playing a very proactive role in growing the economy of India. It provides credit to different sectors of the economy such as Industries, exports, trading, agriculture, infrastructure in order to meet their requirements for operating business in those sectors. Along with that, there are some individual sectors to which the bank has given credit to spur economic growth and earn from a well-diversified portfolio of assets. The resources of the bank are mobilized through Current, Savings accounts, and through refinance and borrowings from abroad. The Union Bank consists of large clientele of over 5.7 crores. The Union Bank is an early adopter of technology due to which 100% of its branches are computerized. Shri Rajkiran Rai G. is the current Managing Director and CEO of the bank.