Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It sells financial services to large and mid-size companies, SMEs and retail businesses.As of 30 June 2016, 30.81% shares are owned by the promoters and the promoter group (United India Insurance Company Limited, Oriental Insurance Company Limited, National Insurance Company Limited, New India Assurance Company Ltd, GIC, LIC and UTI). The remaining 69.19% shares are owned by mutual funds, FIIs, banks, insurance companies, corporate bodies and individual investors.

Gujarat (, Gujarati: [ˈɡudʒəɾɑt] (listen)) is a state along the western coast of India. Its coastline of about 1,600 km (990 mi) is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the fifth-largest Indian state by area, covering some 196,024 km2 (75,685 sq mi); and the ninth-most populous state, with a population of 60.4 million. It is bordered by Rajasthan to the northeast, Dadra and Nagar Haveli and Daman and Diu to the south, Maharashtra to the southeast, Madhya Pradesh to the east, and the Arabian Sea and the Pakistani province of Sindh to the west. Gujarat's capital city is Gandhinagar, while its largest city is Ahmedabad. The Gujaratis are indigenous to the state and their language, Gujarati, is the state's official language. The state encompasses 23 sites of the ancient Indus Valley civilisation (more than any other state). The most important sites are Lothal (the world's first dry dock), Dholavira (the fifth largest site), and Gola Dhoro (where 5 uncommon seals were found). Lothal is believed to have been one of the world's first seaports. Gujarat's coastal cities, chiefly Bharuch and Khambhat, served as ports and trading centres in the Maurya and Gupta empires, and during the succession of royal Saka dynasties in the Western Satraps era. Along with Bihar, Mizoram and Nagaland, Gujarat is one of four Indian states to prohibit the sale of alcohol. The Gir Forest National Park in Gujarat is home to the only wild population of the Asiatic lion in the world.The economy of Gujarat is the fourth-largest in India, with a gross state domestic product (GSDP) of ₹19.44 trillion (US$240 billion) and has the country's 10th-highest GSDP per capita of ₹243,761 (US$3,100). Gujarat ranks 21st among Indian states and union territories in human development index. The state traditionally has low unemployment and is widely considered one of the most industrially developed states of India and a manufacturing hub.

Bhavnagar is a city in the Bhavnagar district of the Saurashtra region of Gujarat, a state of India. It was founded in 1724 by Bhavsinhji Takhtasinhji Gohil (1703–1764). It was the capital of Bhavnagar State, which was a princely state before it was merged into the Indian Union in 1948. It is now the administrative headquarters of the Bhavnagar district. Bhavnagar is situated 190 kilometres away from the state capital Gandhinagar and to the west of the Gulf of Khambhat. It has always been an important city for trade with many large and small scale industries along with the world's largest ship breaking yard, Alang which is located 50 kilometres away. Bhavnagar is also famous for its version of the popular Gujarati snack 'Ganthiya' and 'Jalebi'.