FIPB to consider Kotak Bank's FDI proposal today

Last Updated: Thursday, May 28, 2015, 08:56

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.

Kotak Bank seeks FIPB nod to hike foreign holding to 55%

Last Updated: Tuesday, April 21, 2015, 23:10

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.

BSE to drop ING Vysya Bank from BSE 200, BSE 500 indices

Last Updated: Thursday, April 9, 2015, 19:46

Leading stock exchange BSE Thursday said it will drop ING Vysya Bank from BSE 200 and BSE 500 indices from April 16.

Post-merger, Kotak Bank sharpens focus on large corporates

Last Updated: Sunday, April 5, 2015, 13:33

The Rs 15,000-crore merger, effective April 1, will make KMB the fourth largest private sector bank in the country.

ING Vysya Bank becomes Kotak Mahindra Bank; RBI okays merger

Last Updated: Wednesday, April 1, 2015, 22:01

While the combined entity coming into existence, the complete amalgamation of operations and staff integration will happen over the course of one year.

Kotak Mahindra, ING Vysya edge higher as merger gets RBI nod

Last Updated: Wednesday, April 1, 2015, 21:00

Shares of Kotak Mahindra Bank and ING Vysya Bank edged higher Wednesday as the Reserve Bank approved the merger deal between the two companies.

Foreign investors need RBI nod to buy more shares in ING Bank

Last Updated: Monday, February 23, 2015, 21:04

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.

ING Vysya net slips 13% on low fee income, pension provisions

Last Updated: Wednesday, January 21, 2015, 22:50

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.

Warhol sells 3.63% stake in ING Vysya Bank

Last Updated: Tuesday, January 13, 2015, 21:28

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.

Kotak-ING Vysya merger gets shareholders' approval

Last Updated: Thursday, January 8, 2015, 12:26

The approval came amidst protest from ING Vysya Bank employees.

ING Vysya employees protest over merger with Kotak

Last Updated: Wednesday, January 7, 2015, 16:11

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.

ING Vysya merger secures employees, boosts growth: Kotak Bank

Last Updated: Monday, January 5, 2015, 21:08

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.