Aligarh, a city in the North Indian state of Uttar Pradesh, was earlier known as Allygurh & Koil. The city is around 150 kilometers away from New Delhi. One of the largest cities in UP, Aligarh is well-known for the Aligarh Muslim University. The city is administered by its municipal corporation known as Nagar Nigam Aligarh. It is divided into five tehsils which are further divided into 12 blocks. The city is an agricultural trade center and the economy is fuelled by the processing and manufacturing of agricultural products. It is also a world-renowned business center for locks which are exported worldwide. The city is also known for its hardware and sculptures made of brass. There are innumerable manufacturers, exporters and suppliers in Aligarh who are involved in the brass, bronze, iron and aluminum industries. The Shekha Jheel Bird Sanctuary, the Aligarh fort, the Mangalayatan Temple and Aligarhs famous museums are places worth visiting in this city.
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.