Jodhpur, the second metropolitan in the state of Rajasthan, is popularly known as the "Sun City" for its bright weather. It is situated in the North-western edge of the country near the Thar Desert. It is a very popular tourist destination in India with myriad palaces, forts and temples. Jodhpur city is the administrative headquarters of Jodhpur District. According to Hindu epic Mahabharata, the city was the heart of the kingdom of Marwar. The Ahirs were the original inhabitants of Jodhpur. Later the Rajputs settled in this region after the intermittent dominance of the Marathas and the British. The current administration of the city takes place under its 65 wards under the Jodhpur Nagar Nigam which is headed by a mayor. Tourism is the main source of the economy as it fuels the handicraft industry as well as local businesses. Bajra (pearl millet), Rabi, wheat, pulses and a variety of spices like jeera, dhania and red chilies are the major crops grown in Jodhpur. The city is a major hub of many educational institutions like Indian Institute of Technology Jodhpur (IITJ), AIIMS Jodhpur, NIFT Jodhpur, National Law University Jodhpur, All India Institute of Medical Sciences Jodhpur. The places which attract tourist are Mehrangarh Fort, Jaswant Thada, Umaid Bhawan Palace Museum, clock towers among others.
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.