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Holiday Loan from Kotak Mahindra in Gurgaon

Gurgaon is an important and economically developed city in the Indian state of Haryana which falls within the territorial boundaries of the National Capital Region. It acts as a satellite city to the capital city of New Delhi. Its name was officially changed to Gurugram in 2016. Popularly referred to as the Millenium City, Gurgaon has witnessed rapid development over the past 30 years. It is one of the Indian cities with the highest per capita income. This planned and organized urban agglomerate is divided into 36 wards, which are further divided into blocks with many apartments and residential complexes. The main road through Gurgaon is the NH-8 expressway which joins Delhi to Jaipur. The city hosts the offices and outlets of 250 out of the Fortune 500 companies and it is a major haven for outsourcing and employment. The DLF Cyber City in Gurgaon is a large IT hub which hosts many of these offices. Famous educational institutions like the MDI Gurgaon, ITM University, The Shri Ram School are situated in Gurgaon. Entertainment and commercial centers such as Ambience Mall, Epicentre, etc. have opened up plentifully. The city is witnessing speedy urbanization and is on its way to becoming a leading financial and industrial hub.

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Low interest rate Home Loan in Gurgaon, 25 April 2019 from Kotak Mahindra

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.

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