Kotak Mahindra-ING Vysya merger gets shareholders' approvalIn November, Kotak Mahindra Bank had announced the buyout of ING Vysya Bank in an all-stock deal valued at Rs 15,000 crore.
ING Vysya Bank's staff demand job safety post merger, to strike on January 7The All India ING Vysya Bank Employees Union and All India ING Vysya Bank Officiers Association, which together represent 35 per cent.
Merger side-effect: ING townhall assuages staff fears on jobsCEO-designate of ING Vysya advised employees that they should be open to joining any vertical, and not be specific about job profile in cas...
Kotak Mahindra-ING Vysya Bank deal: No drastic job cuts post merger, says Uday KotakUday Kotak has assured that there will not be "any dramatic" reduction immediately in the number of employees following the merger of ING V...
ING Vysya deal captures the synergies of the two institutions: Uday KotakKotak Mahindra's proposed acquisition of ING Vysya caught investors by surprise. But they have every reason to cheer.
Kotak Mahindra Bank to acquire ING Vysya Bank in an all stock dealAccording to Kotak Mahindra Bank, "ING Vysya merger will leverage synergy in branches, products," the bank said.
ING Vysya MD Shailendra Bhandari quits; Uday Sareen to take overThe board of the bank has announced Uday Sareen, currently serving as the deputy chief executive and wholesale bank head, as the successor,...
ING Vysya Bank Q2 Net inches up 2.2% at Rs 180 crorePrivate sector lender ING Vysya Bank's net profit rose by a marginal 2.2 per cent to Rs 180.1 crore in the second quarter ended September 3...
- ING Vysya Bank launches new fixed deposit scheme, ING FD+
ING Vysya Bank today launched a fixed deposit scheme, offering an interest rate of up to 9.5 per cent per annum for one-year deposits.
- ING Vysya Bank enters gold coin retailing
Private sector lender ING Vysya Bank today entered the gold coin retailing segment, announcing its plans to sell 24-carat coins of up to 10...
- Personal loans hold up amid rising interest rates
Despite a series of lending rate increases since March last year, the growth in personal loans remained robust through first half of the ye...
- Privileged Banking: Join the bank’s exclusive club
A long-term relationship with your bank may earn you an array of services not available to regular customers.
- Slowdown? Home loans grow 20-25%
Housing finance cos get ready to meet increased demand as they expect more first-time buyers to come to market. Tips for home loan | Be cau...
- ING Vysya focusing on retail banking, expansion
Private sector lender ING Vysya Bank on Friday said it is focusing on retail banking and was in an expansion mode.
- Home loan borrowers look panic-stricken now
Number of home loan borrowers making foreclosures and partial repayments has shot up by 20-25%. Biz Week In Pics | Weekend Platter | Challe...
- Citigroup loses prime talent as action hots up
The past few months have seen a host of exits in middle and senior-level management at Citigroup. Most of these exits are in consumer banki...