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The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.
Ludhiana Junction railway station (station code: LDH) is a railway station located in Ludhiana district in the Indian state of Punjab and serves Ludhiana. It is located in about the centre of the city and is among the busiest railway stations of Punjab. It is also among the cleanest of railway stations of India.
In February 2003, Kotak Mahindra Finance received a banking licence from the Reserve Bank of India, becoming India's first non-banking finance company to be converted into a bank. Kotak Mahindra Finance was then renamed Kotak Mahindra Bank. [15] At the time, Uday Kotak had a 56% stake in the company while Anand Mahindra held a 5% stake. [16]
Ludhiana–Ambala Road, Sahnewal, Punjab India: Coordinates: Elevation: 260 metres (850 ft) Owned by: Indian Railways: Operated by: Northern Railway: Line(s) Ambala–Attari line Chandigarh–Sahnewal line: Platforms: 3: Tracks: 8 nos 5 ft 6 in (1,676 mm) broad gauge: Construction
Uday Suresh Kotak (born 15 March 1959) is an Indian billionaire banker and founder of Kotak Mahindra Bank, where he is a non-executive director. [2] He resigned from his CEO position in September 2023. [ 3 ]
The Kotak Mahindra Group was founded in 1985 as a provider of financial services. [8] [9] In February 2003, Kotak Mahindra Finance Ltd (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI) to conduct banking operations in the country and was renamed as Kotak Mahindra Bank, the parent company of Kotak Life Insurance. [10]
Amritsar–Attari line was completed in 1862. [3] the electrification of the line was completed in different period.Shahbad Markanda-Mandi Gobindgarh sector was electrified in 1995–96, the Mandi Gobindgarh–Ludhiana sector in 1996–97, the Phillaur–Phagwara sector in 2002–03, and the Phagwara–Jallandhar City–Amritsar in 2003–04.
Fazilka and Hussainiwala on this line are two defunct railway border crossing points on the India–Pakistan border. Before partition of India in 1947, there were 711 kilometres (442 mi) long Delhi-Samma Satta & 445 kilometres (277 mi)long Delhi-Raiwind railway lines, which were operational.