Wai is predominately holy place situated on the bank of river Krishna which originates at Mahabaleshwar, 32km from wai. The Wai Urban Co-op. Bank Ltd, Wai, Dist Satara is amongst one of the most renowned co-operative bank. Presently five districts viz Satara, Pune, Sangli, Raigad, and Ratnagiri come under the working domain of the bank.