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......

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......

ING Vysya Life sells 15% pie to GACL

The board of directors of ING Vysya Bank, at its meeting held on May 28 have approved the bank's sale of 14.87 per cent stake in ING Vysya Life Insurance Company to Gujarat Ambuja Cements for Rs......

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......