The city of Sikar is located in between Agra and Bikaner in the Indian state of Rajasthan. It functions as the administrative headquarter of the Sikar District. It is known to be a historical city which contains many ancient architectural grandeur. The city is renowned for its art and culture. It had been the biggest Thikana or estate of the Jaipur state and was earlier was known by the name of Nehrawati. The historical city is surrounded by fortified walls that contain seven ?Pols? or gates. The primitive name of this city was ?Beer BhanKa Bass." The city experiences a semi-arid climate and hosts around 2.4 lakh residents. The city of Sikar is divided into 45 wards in order to ensure effective governance. The city is strongly connected to the rest of the country via roads and railway. Agriculture and animal husbandry are the main occupations in Sikar but the city has scope for industrial development in the future.
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.