Jhansi is a famous and historic city in the Indian state of Uttar Pradesh. It is located in Bundelkhand, between River Pahuj and Betwa, towards the extreme south of the state. The city of Jhansi serves as the administrative headquarters of both the Jhansi district and the Jhansi division. The city of Jhansi was earlier a walled town known by the name of Balwantnagar. It was ruled by the Marathas for a long time and Rani Lakshmi Bai was the celebrated empress of Jhansi who brought the region into the limelight. The city is known for its offerings to tourism - the historical Jhansi Fort attracts a lot of visitors apart from the Government Museum of Jhansi, the Rani Mahal, and several other temples. The city is well connected to all the major neighboring cities through railway and road. Apart from some prestigious colleges and universities like Bundelkhand University, Rani Lakshmi Bai Central Agricultural University, Government Polytechnic Jhansi, etc., Jhansi also has two well-acclaimed research institutes - Indian Grassland & Fodder Research Institute and Central Agro-Forestry Research Institute.
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.