Bhubaneswar is the capital of the eastern Indian state of Odisha. The city is located in the Khordha district of Odisha, and it is the largest city in the state. It lies on the eastern coastal plains near the Eastern Ghats. The topography of the city is split into the western uplands and the eastern lowlands. There are hillocks in the northern and the western parts of Bhubaneswar. The city falls under the jurisdiction of the Bhubaneswar Municipal Corporation area. There are 173 revenue villages and two other municipalities within this boundary. The city is shaped like a dumbbell. The city can be distinctly categorized into the old town and the new planned city. The old town is primarily characterized by temples and hence often referred to as the Temple town by the locals. Some of the famous temples here include the Lingaraj Temple, the Rajarani Temple and the Kukteshwara Temple. The newer planned city was conceptualized and designed in 1948 to house the state capital. It is a modern city with schools, colleges, universities, shopping centers, hospitals and recreational facilities. This fast-growing city is an important trading and commercial center in Odisha as well as in eastern India. Its a great place for business and is rapidly transitioning into an IT hub. Tourism considerably contributes to the economy of the city as it is very near to the coveted sea-side destination as well as a pilgrimage - Puri. Other popular places of tourist attraction near Bhubaneswar is the Konark Sun Temple, Dhauligiri, Nandan Kanan Zoo, 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.