Darbhanga is situated in the Indian state of Bihar. It is a municipal corporation, as well as the administrative headquarter, for the Darbhanga district and the Darbhanga division. It is considered to be the cultural hub of the Mithila region. Historically, Darbhanga was the seat of the Raj Darbhanga as well as the capital region of ancient Mithila. The city hosts nearly three lakh people and experiences a humid climate. The city is known for its educational institutes like the prestigious Darbhanga Medical College and Hospital, Womens Institute of Technology, Darbhanga College of Engineering, Kameshwar Singh Darbhanga Sanskrit University, etc. The city is well connected to all other important regions in the vicinity through roads and railway. Darbhanga Junction is one of the oldest railway stations of Bihar and has a massive network. It is one of the highest earning railway junctions in the eastern zone. The airport at Darbhanga was earlier a military base but is scheduled to operate commercial flights in 2019.
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.