The growing city of Khammam is located in the district of the same name in the Indian state of Telangana. It also functions as the headquarters of the Khammam district and the Khammam mandal. The citys was once called "Kammam mettu." Munneru, a tributary of River Krishna, flows through this city. Khammam receives much higher annual rainfall than the rest of the state and hence the city has been flooded a few times recently. The city is governed by Khammam Municipal Corporation. Administratively, the city is divided into 41 election wards and 11 revenue wards. There are several colleges in Khammam that offer courses in pharmacy such as Khammam college Of Pharmaceutical Sciences, Browns College Of Pharmacy, etc. The Khammam Fort was constructed in 950 AD by the Kakatiya Dynasty. The fort is perched on a hillock overlooking the city and serves as a major tourist attraction. The Lakaram Lake is also another major tourist attraction. Apart from these, there are quite a few other places in and around the city that are appealing to tourists. Ballepalli, Bhadrachalam, Parnasala, Nelakondapalli are a few among them.
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.