sultan Pur Majra is located in the North West district of Delhi. It is a census town and an integral part of the National Capital Region of India or NCR. This city has more than 1.6 lakh people who mostly speak in Hindi and English. The residents of this town mostly work in various service sectors of the NCR region. Sultan Pur Majra is being rapidly developed into a residential city. Modern amenities such as educational institutes, entertainment facilities, recreational facilities, shopping centers are being gradually set up in the area to offer a comfortable lifestyle to the people. Sultan Pur Majra is very well connected to the capital city of Delhi via road and Delhi metro.
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.