FIPB to consider Kotak Bank's FDI proposal today
Inter-ministerial body FIPB will on Thursday take up Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent, along with 47 other FDI applications.
May 28, 2015, 08:56 AM IST
Kotak Bank seeks FIPB nod to hike foreign holding to 55%
Private sector Kotak Mahindra Bank is seeking FIPB approval to hike foreign investment in the entity to 55 percent as the RBI has restricted more investments after they hit the permissible threshold.
Apr 21, 2015, 23:10 PM IST
BSE to drop ING Vysya Bank from BSE 200, BSE 500 indices
Leading stock exchange BSE Thursday said it will drop ING Vysya Bank from BSE 200 and BSE 500 indices from April 16.
Apr 09, 2015, 19:46 PM IST
Post-merger, Kotak Bank sharpens focus on large corporates
The Rs 15,000-crore merger, effective April 1, will make KMB the fourth largest private sector bank in the country.
Apr 05, 2015, 13:33 PM IST
ING Vysya Bank becomes Kotak Mahindra Bank; RBI okays merger
While the combined entity coming into existence, the complete amalgamation of operations and staff integration will happen over the course of one year.
Apr 01, 2015, 22:01 PM IST
Kotak Mahindra, ING Vysya edge higher as merger gets RBI nod
Shares of Kotak Mahindra Bank and ING Vysya Bank edged higher Wednesday as the Reserve Bank approved the merger deal between the two companies.
Apr 01, 2015, 21:00 PM IST
Foreign investors need RBI nod to buy more shares in ING Bank
Reserve Bank Monday said foreign investors would be required to obtain its prior approval for buying further shares in ING Vysya Bank, as foreign shareholding in the bank has reached the trigger limit.
Feb 23, 2015, 21:04 PM IST
ING Vysya net slips 13% on low fee income, pension provisions
The merger-bound ING Vysya Bank Wednesday reported a 13 percent decline in net profit at Rs 145.7 crore for the October-December quarter due to sluggish non-interest income, and a spike in provisions.
Jan 21, 2015, 22:50 PM IST
Warhol sells 3.63% stake in ING Vysya Bank
ING Vysya Bank shareholder Warhol Ltd on Tuesday sold its 3.63 percent stake in the private sector lender for an estimated Rs 674 crore.
Jan 13, 2015, 21:28 PM IST
Kotak-ING Vysya merger gets shareholders' approval
The approval came amidst protest from ING Vysya Bank employees.
Jan 08, 2015, 12:26 PM IST
ING Vysya employees protest over merger with Kotak
Employees unions of ING Vysya Bank today staged a protest here with demands for 'job security' in the wake of its merger with Kotak Mahindra Bank.
Jan 07, 2015, 16:11 PM IST
ING Vysya merger secures employees, boosts growth: Kotak Bank
As it moves ahead with the ING Vysya Bank deal, Kotak Mahindra Bank on Monday said the merger secures all employees and would create growth opportunities for various stakeholders including the staff members.
Jan 05, 2015, 21:08 PM IST
ING Vysya merger secures employees, boosts growth: Kotak Bank
As it moves ahead with the ING Vysya Bank deal, Kotak Mahindra Bank on Monday said the merger secures all employees and would create growth opportunities for various stakeholders including the staff members.
Jan 05, 2015, 21:02 PM IST
ING Bank staff demand job safety post merger, to strike on Jan7
Employee unions of ING Vysya Bank on Sunday demanded safeguarding of their interests post-merger with Kotak Bank and threatened to go on strike on January 7.
Dec 28, 2014, 19:35 PM IST
Kotak Group enters general insurance space
Private-sector lender Kotak Mahindra Bank Tuesday announced its entry into the highly fragmented general insurance space, a week after buying out ING Vysya in one of the biggest deals in the country's banking space.
Nov 25, 2014, 17:48 PM IST
SEBI seeks trade data for ING Vysya shares prior to Kotak deal
Markets watchdog SEBI has sought details from stock exchanges about trades in shares of ING Vysya Bank that were conducted prior to the announcement of ts Rs 15,000-crore merger with Kotak Mahindra Bank last week.
Nov 24, 2014, 21:28 PM IST
Uday Kotak expects major global cooperation boost from ING deal
Having sealed a deal to merge ING Vysya Bank with Kotak Mahindra Bank, eminent banker Uday Kotak has said that the merger presents a significant opportunity for international cooperation with Dutch giant ING Group.
Nov 24, 2014, 18:06 PM IST
ING Vysya deal precursor to 'Achche Din': Uday Kotak
Taking a leaf out of Prime Minister Narendra Modi's poll campaign, eminent banker Uday Kotak said that the Rs 15,000-crore merger between Kotak Mahindra Bank and ING Vysya Bank is a precursor to 'Achche Din' and would create a world-class financial institution of size and scale.
Nov 23, 2014, 17:41 PM IST
Kotak-ING Vysya deal: CCI will look at combined mkt share
The Competition Commission will look at the overall market share and size of the combined entity in the case of ING Vysya Bank's merger with Kotak Mahindra Bank when the proposal comes before the regulator for its approval.
Nov 21, 2014, 19:44 PM IST
No drastic job cuts post KMB-ING Vysya merger: Uday Kotak
Kotak Mahindra Bank chief Uday Kotak has assured that there will not be "any dramatic" reduction immediately in the number of employees following the merger of ING Vysya Bank.
Nov 21, 2014, 18:08 PM IST
