Jaipur is the capital city of Rajasthan. It was named after King Jai Singh in 1727, who was the then ruler of Amer. The former Royal family still lives in Jaipur in the famous City Palace. With a whopping population of more than 3 million, Jaipur is the tenth most populous city in India. It is often referred to as the Pink City, due to its dominantly pink colored buildings. Located very close to the Great Indian Desert, Jaipur has a hot semi-arid climate with very less rainfall during the monsoon months. The ancient forts and relics in and around Jaipur make it a flamboyant city which attracts thousands of tourist every year. The royal observatory or the Jantar Mantar, the honeycomb-like Hawa Mahal and the gorgeous Amer Fort are Jaipur?s star attractions, which are also UNESCO World Heritage Sites. Jaipur also connects tourists to other attractive tourist destinations in the vicinity like Jodhpur, Jaisalmer, Udaipur and Mount Abu. Interestingly, Jaipur is a Vastu-complaint city which was meticulously planned by Vidyadhar Bhattacharya in 1727 based on the Indian Vastu Shastra. Rajasthani, Dhundhari, Marwari, Hindi and English are the languages spoken in the city. Jaipur is famous for its spread of delectable Rajasthani cuisine - the Dal Baati Churma and Ghevar are the most sought out dishes in the restaurants of Jaipur. Jaipur is a colorful city where one may find a beautiful juxtaposition of the old and the new - modern cars and buses alongside camels, trendy motorbikes and buzzing autorickshaws, modern buildings and ancient forts, shopping complexes and rustic markets - all these add up to enhance the beautiful essence and spirit of the city.
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.