Mehsana is a municipality situated in the Mehsana district in the Indian state of Gujarat. The name of this city is also spelled Mahesana. Mehsana was founded by the Rajput heir of the Chavda dynasty by the name of Mehsaji Chavda. He had constructed the Torana or the arc gate of the city and had also built a temple dedicated to Goddess Toran in 1414. The city was a part of the Bombay state after the Indian independence. It got annexed into the state of Gujarat in 1960. The city houses around 2 lakh residents who speak in Gujarati, Marathi and Hindi. The city is famous for its local breed of Mehsani buffaloes. The Doodhsagar Dairy in Mehsana is the largest dairy in Asia. The city also houses one of the largest assets for the onshore production of oil and natural gas by ONGC. The agriculture, as well as the road-equipment based industries, are also doing quite well in Mehsana. The Ganpat University and the Gujarat Technological University are the reputed educational institutions in this city. The city has a spectacular stepwell at Boter Kotha ni Vav, built during the rule of Emperor Aurangzeb. Badiyashi Vav in Biladi Baug is another stepwell worth visiting. There are several Jain and Hindu temples in and around Mehsana that call for a visit.
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.