Guna is a small city in the Indian state of Madhya Pradesh. It functions as the administrative headquarter of the eponymous district. The city lies on the north-eastern regions of Malwa Plateau and is defined by the Parbati river in the west. Guna is an acronym for Gwalior United Nation Army. It was founded by Chand Pradyota Mahesena and was a part of the ancient Avanti Kingdom. It was later added to the growing empire of Magadha. It passed on to the Marathas and to the Kingdom of Gwalior till it was made a part of Madhya Pradesh in 1956. Although Guna is very small and nondescript town, it still functions as an important industrial center with major industries such as National Fertilizers Limited, Gas Authority of India Limited, Deepak Spinners Limited, KS Oil Ltd, Spice park at Mavan, etc. The first private state university of the state is at Guna. The Jaypee University of Engineering & Technology has a sprawling campus in Guna which offers facilities like hostel, mess, laundry, shopping center, medical center, etc. to the 1500+ students. A few places worth visiting in and around Guna are Shri Shanti Nath Digambar Jain temple at Bajrangarh, Bees Bhuja Devi, Kedarnath, Hanuman Tekri, Christ The King Church and Panchmukhi Hanuman Ashram.
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.