Dehradun is the interim capital of the north Indian state of Uttarakhand. It serves as a haven for tourists who visit the place for its natural beauty. Resting on the foothills of the Himalayas in the Doon valley, Dehradun connects tourists to the nearby popular tourist destinations like Nainital, Mussoorie, Haridwar and Rishikesh. The city is situated between the tracks of the Rivers Ganga and Yamuna. It also serves as the base to institutes of Indian armed forces. The famous Doon School, one of the oldest and most distinguished academic institutions in the country, is located in Dehradun. The famous author Ruskin Bond is from this city, who glorifies the natural beauty of Dehradun in his literary work. The economy of the city is mainly fuelled by tourism along with the the presence of government organizations like the DRDO, Ordinance factory, etc. Dehradun is a hub for school education with institutions like Welham, Woodstock, Doon, St. Georges, etc. which are undoubtedly the best residential schools in India. Apart from these, the city hosts critical institutions of national interest such as the Indian Military Academy, ONGC or Oil and Natural Gas Corporation, Indian Institute of Remote Sensing, Indian Institute of Petroleum, etc. Dehradun has a few places of tourist attractions within itself including the Tapkeshwar temple, the Malsi deer park, the Kalanga monument, Santala Devi temple, 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.