Dhule is one of the major cities in the Indian state of Maharashtra. Situated on the banks of Panzara River, Dhule lies in the verdurous valley of the Tapti River. It is a municipal corporation in Dhule District situated in the Khandesh region of Maharashtra. Sir Mokshagundam Visvesvaraya had planned this city. There is a famous temple of Devi Ekveera on the banks of the Panzara River, who is regarded as a Gramadevata of the city. The city experiences dry weather except for the rainy days of the monsoon. Dhule is considered to be one of the upcoming hubs of the power loom, textile and edible oil. Since it is situated at the junction of three major National Highways (NH-3, NH-6, and NH-211), it is considered to have a strategic advantage for trade. The Ministry of Electronics and IT is set to open a BPO at Dhule. The city boasts of its educational heritage which a large number of educational institutes like the SES College of Engineering, WKDSPMs Dr. Babasaheb Ambedkar Memorial College of Law, Mukesh Patel Technology Park - Narsee Monjee Institute of Management Studies, etc.
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.