The city of Agra is located on the banks of River Yamuna. It is the home to one of the most famous Indian monuments - the Taj Mahal - which is also one of the seven wonders of the world. The city was founded in 1504 by Sultan Sikandar Lodi of the Delhi Sultanate. This iconic city is a part of the northern Indian state of Uttar Pradesh. It is a bustling haven for tourists from around the globe. The city is very close to the national capital of New Delhi. It has a rich historical and cultural background. Agra was the seat of governance under the Sultanate of Delhi for a while and turned into prominent place during the Mughal age. It is undoubtedly one of the most populated cities in UP, whose economy of Agra is essentially driven by tourism. Many historic monuments, forts and ruins such as the Agra Fort, Fatehpur Sikri, Itimad-Ud-Daulah, the Mughal Heritage Walk, Akbars tomb, Mankameshwar temple, Gurudwara Guru Ka Talare etc. dotted all around the city apart from the famous Taj Mahal. Substantial agricultural produce, crafts, textile as well as leather goods also contribute to the economy and employment in Agra. The sweets of Agra are famous throughout the country. The city nurtures a large number of self-employed individuals who run their own small and medium scale businesses.
In February 2003, the RBI gave the license to Kotak Mahindra Finance Ltd to carry on banking business. The head office of the Kotak Mahindra, an Indian private sector bank, is in Mumbai, Maharashtra. It provides banking products and financial services for corporate and retail customers and specialized subsidiaries in the areas of life insurance, investment banking, general insurance, and wealth management.The Bank has 1,369 branches across 689 locations and 2,163 ATMs in the country, as of 31 March 2017. In 2018, it became the second largest private bank in India by market capitalization after the HDFC Bank. Uday Kotak established the Kotak Mahindra Bank which became a financial services conglomerate. The Reserve Bank of India (RBI) provided the banking licence to Kotak Mahindra Finance Ltd (KMFL), the Groups flagship company in February 2003. The KMFL became the first non-banking finance company in India to be converted into a bank ? Kotak Mahindra Bank Limited (Kmb)ltd.In a study published in February 2014 by Brand Finance Banking 500, KMBL was ranked 245th among the worlds top 500 banks with valuation of around half a billion dollars and brand rating of AA+. The Kotak Bank acquired ING Vysya Bank in a deal valued at ?15,000 crore in 2015. Total employment jumped to almost 40,000, and the count of branches reached 1261 with the merger. After the merger,the ING Group, which controlled ING Vysya Bank, owned a 7% share in Kotak Mahindra Bank.