Berhampur is a city near the eastern coastline of the Indian state of Odisha. It is located in the Ganjam district. This east Indian city is also known as Brahmapur. The city has around 4 lakh residents who mostly follow Hinduism. Although Odia is the commonly spoken language in this city, about 40% of the population speak in Telugu owing to the city being located near the state border between Odisha and Andhra Pradesh. The people of Berhampur are quite fond of theatre arts. The notable educational institutions in this city are the Indian Institute of Science Education and Research (IISER), Bhanja Bihar Campus of Berhampur University, Khallikote University, Lingaraj Law College, etc. The city experiences torrid summers and mild winters with heavy rainfall during the monsoon. The city is known for its innumerable temples.
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.