Kolhapur is a city in the Indian state of Maharashtra. It serves as the administrative headquarters of Kolhapur District. Kolhapur has a vast historical and cultural background and is often recognized by its historical name of Karvir. Its history is marked by the rule of several dynasties who left their marks at various places in the city is marked in terms of palaces and other landmarks. The economy of the city is fuelled by manufacturing industries like textiles, leather and handicraft. Tourism and agriculture are the other two source of income for people in this city. The city is famous for its nation-wide popular Kolhapuri chappal, which is a hand-crafted buffalo leather slipper, locally tanned using vegetable dyes. Other handicrafts include manual block printing on textiles, silver goods, oxidized silver artwork, jewelry crafting, pottery, wood carving, lacquerware, brass sheet work and embroidery. The Marathi Film Industry is based out of Kolhapur and considerably contributes to the citys economic growth. The tourism industry draws devotees and tourists alike to this city. The city serves as a religious and tourist destination for Indians due to places like Mahalaxmi Temple, Jyotiba Temple, Siddhagiri Museum, Panhala Fort, Rankala Lake, etc.
IndusInd Bank was founded in 1994 under the chairmanship of Srichand P Hinduja, head of the Hinduja group and a famous NRI. The head office of IndusInd Bank is in Mumbai and offers a wide range of financial products and services. The bank began with a capital amount of Rs.1 billion out of which Rs. 600 million had been raised by the Indian residents and rest of the amount by NRIs.Among the new-generation private banks, IndusInd Bank is the first in India. The bank has its specialization in retail banking, and it keeps on upgrading its support systems through new technologies. It is also expanding its branches all across the country along with the global spread. In 2008-09, the bank tied up with BONY Mellon for online remittances from the US to India. It has received the prestigious ISO 27001 certification for IT operations in 2009-10. It was ranked second in the fastest growing bank category published in the report by the business world and PWC. In 2016, it was featured on Forbes among 50 super companies in India. Mr. Romesh Sobti, the MD, and Chairman won the best CEO award in the year 2018.