secunderabad is the twin city of Hyderabad. It is located in the Indian state of Telangana. It was named after Sikandar Jah, who was the 3rd Nizam of the Asaf Jahi dynasty. Hence it is sometimes spelled as Sikander-a-bad. Secunderabad was a British cantonment, founded in 1806. Secunderabad and Hyderabad are together referred to as the twin cities but they have very different histories and cultures. Secunderabad had developed directly under the British rule until independence whereas Hyderabad was a princely state and the capital of the Nizams. Secunderabad and Hyderabad were earlier divided by the Hussain Sagar lake. However, Secunderabad has been integrated into Hyderabads GHMC municipality. The two cities are collectively known as Hyderabad, Indias fifth largest metropolis. Secunderabad is one of the largest army and air force cantonments in India. The city hosts prestigious educational institutions like the Nizam College and the Osmania University. ITC, Infosys, Intergraph and Coromandel International are few of the many private companies that have set up their offices in Secunderabad. Secunderabad railway station is the headquarter of South Central Railway and it is a major center for railway activity. The city has several industrial areas such as Bolarum, Nacharam, Moula-Ali, Ghatkesar, etc. The Department of Atomic Energy has several units in the city like Atomic Minerals Directorate for Exploration and Research, Nuclear Fuel Complex, ECIL, etc. located in and around Secunderabad.
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.