saharanpur is a city as well as a Municipal Corporation in the Indian state of Uttar Pradesh. It is located near the borders of Haryana, Himachal Pradesh and Uttarakhand. It functions as the administrative headquarters of both the Saharanpur District and the Saharanpur Division. The city of Saharanpur emerged in a region that was named after a Sufi Saint called Shah Haroon Chishti. The foundations of the present-day city of Saharanpur is laid on the site of an army cantonment by its founder Sah Ranbirsingh, who was a Jain nobleman. The city boasts of the long historic past, ruled by several dynasties like the Delhi Sultanate, the Mughals, the Sayyids, the Rohillas and the Marathas. The British Government provided many infrastructural upliftments to the city and built the citys famous Botanical Garden, also known as Company Garden. Saharanpur is surrounded by an extremely fertile agricultural region which abundantly produces grains and fruits. The city is also famous for its wood carving cottage industry. It has a thriving market for local agricultural produce like basmati rice and mangoes. A wide variety of industrial enterprises are operational in Saharanpur. Textiles, sugar, paper and cigarette factories serve as a major source of employment to the people of the city.
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.