Bulandshahr is a city as well as a municipal board in the Bulandshahr district in the Indian state of Uttar Pradesh. It functions as the administrative headquarters of the Bulandshahr District. Bulandshahr is around 70 kilometers away from Delhi and the city is a part of the National Capital Region. Bulandshahr has a population of more than 2.3 lakh people who mostly speak in Hindi. Bulandshahr is basically a religious city. There are many ancient temples, historical ruins and ghats of river Ganga. Urbanization has been slow in this area, yet there is no deficiency of factories and manufacturing units in the area that have significantly contributed to its economic development. The ceramic, pottery, handicrafts and garments are thriving industries at Bunlandshahr. The IT and retail sector are also gradually opening up at Bulandshahr. The residents of Bulandshahr are opening up to the various glamours of modern city life such as spas, boutiques, fitness centers and multiplexes. The city is also very popular among pilgrims and tourists, especially during annual festivals.
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.