Gandhidham is located in the Kutch District in the Indian state of Gujarat. The town was built in the 1950s by Bhai Pratap Dialdas for the resettlement of the refugees from Sindh after the partition of India. It was initially called Sindhu Resettlement Corporation Ltd. The town was named after Mahatma Gandhi who was the father of the Indian nation. Gandhidham is considered to be the economic capital of Kutch. It is a rapidly developing city in the state. It is a growing city, ideal for families and retired individuals. It is also a favored destination for conventions and business meetings. The city offers a peaceful life to its residents, with a plenty of options for recreation and entertainments. It is known for its verdant picnic spots and parks. Gandhidham is connected to the rest of the country by road and rail. Transport Nagar, situated on the outskirts of the city, serves as the hub of all major transport activities of Gandhidham. There are many reputed educational institutions as well as all modern amenities available in the city that ensures a comfortable lifestyle to the residents.
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.