Bareilly is a metro city in the northern Indian state of Uttar Pradesh. It is located in Rohilkhand on the banks of the Ramganga. It is around 250 kilometers away from the state capital Lucknow as well as from the country capital Delhi. It is one of the few largest metropolia in the state which is being developed into a smart city. According to the Hindu epic Mahabharata, Bareilly was earlier known as Panchala and is believed to be the birthplace of Draupadi, who was also called Panchali. Bareilly is also known by the name Nath Nagri for the seven Shiva temples located in the region, namely - Dhopeshwar Nath, Madhi Nath, Tapeshwar Nath, Bankhandi Nath, Alakha Nath, Pashupati Nath and Trivati Nath. Apart from these Hindu temples, the city also has quite a few mosques. The economy of this city is fuelled by furniture manufacturing. Cultivation and trade of cotton, cereal and sugar also adds to the economic growth of Bareilly. The city is also known as Bans-Bareilly, named after two princes: Bansaldev and Baraldev, who had founded the city in 1537. Hindi and Urdu are the commonly spoken languages in the city, but some residents also speak in Punjabi and Kumaoni.
Kotak Mahindra Finance Ltd was launched in 1985. Mr. Uday Kotak is the MD & CEO of the bank. In 1990, the bank introduced the auto finance division for financing the passenger cars. In 1991, it established the investment banking division. Indias first gilt fund was launched through Kotak Mahindra Asset Management Company. The Kotak Mahindra Finance Ltd became Indias first non-banking finance company to be converted to a commercial bank. For financing Ford vehicles, the bank took a significant stake in Ford Credit Kotak Mahindra Ltd. The first representative office of Kotak Mahindra was opened in Dubai in 2008. In 2009, the pension fund was launched under NPS. For the digital and social media, the bank has launched innovative solutions such as JIffi and KayPay in the year 2014. The RBI approved the merger of KMFL with ING Vysya Bank in 2015, and Kotak Mahindra Insurance received IRDAI approval for starting its insurance business. In 2017, the bank acquired BSS Microfinance Ltd. Recently the bank has launched Kotak Infrastructure Debt Fund Ltd.