Baharampur is located in the Murshidabad district of the Indian state of West Bengal. About 200 kilometers away from the state capital of Kolkata, Baharampur functions as the administrative headquarters of the district. Berhampore was captured by the British East India Company, soon after the Battle of Plassey in 1757, and it continued to be a British cantonment till 1870. Initially, most of the residents of Baharampur were government employees besides a few employed in agriculture and silk traders. Gradually, the importance of Baharampur increased and now it has become a business hub. Tourism contributes to the citys economy due to its historical importance. The major industries in this city are rice and oil-seed milling. Many home-crafts such as silk weaving, ivory carving and precious metal works are important industries in this city. The Murshidabad tassar silk of Baharampur is famous in Bengal. Khagra, a neighborhood in Bahrampur is notable for its manufacture of bell-metal, brass utensils, ivory crafts and wood carvings. There are many shopping destinations in this city which has developed enough to provide its 3 lakh residents with all modern amenities. The city is famous for the sweets manohara and chhanabora, the savory snacks called khaja. The places worth visiting in Baharampur are Nashipur Palace, Hajarduari palace, Kathgola Palace, Jafarganj Cemetery, etc.
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.