Bathinda is one of the oldest cities as well as a Municipal Corporation in the Indian state of Punjab. It functions as the administrative headquarters of the Bathinda District. It is situated in the Malwa Region. Bathinda is nicknamed as the City of Lakes, owing to the numerous artificial lakes in the city. The city is also known as Tabar-e-Hind or Tabarhindh which means the Gateway to India. Razia Sultana, the first Empress of India, was imprisoned in the Qila Mubarak fort in this city. Bhatinda is one of the leading cities in education. It has many prestigious academic institutions such as the Central University of Punjab and the upcoming AIIMS. Two modern thermal power plants are housed in Bhatinda - Guru Nanak Dev Thermal Plant and Guru Hargobind Thermal Plant. The city has a fertilizer plant, an oil refinery and two cement plants by Ambuja Cements & UltraTech Cement. Bathinda is also one of the largest cotton and food grain markets in northern India. Grape is widely cultivated in and around the city and is used for local consumption as well as trade. There are various places worth visiting in Bhatinda. The Bhatinda zoo, the historic Qila Mubarak fort, the gurudwara and mazaar of Haji Rattan are popular tourist centers in the 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.