Kotak gets CCI nod to buy ING Vysya bank

India's antitrust regulator has approved Kotak Mahindra Bank's record $2.4 billion purchase of ING Vysya, it said in an order published on Friday. Kotak had announced its plan to buy ING Vysaya in......

Kotak-ING Vysya merger gets shareholders' approval

Private sector Kotak Mahindra Bank has secured its shareholders' approval for amalgamation of Bengaluru-based ING Vysya Bank with itself. In November, Kotak Mahindra Bank had announced the buyout......

Kotak Mahindra merges with ING Vysya, India's 4th largest pvt bank is born

Kotak Mahindra Bank on Thursday decided to acquire mid-sized lender ING Vysya Bank in an all-share transaction to strengthen its position ahead of entry of new players. The Uday Kotak-run bank said......

RBI slaps penalty on ING Vysya

The Reserve Bank of India on Friday imposed a penalty of Rs 500,000 on ING Vysya Bank for violating guidelines concerning sale of third-party insurance products, calculation of capital adequacy and......