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ING Group To Sell Part Of Its Stake In Kotak Mahindra Bank
At the current prices, the stake sale could fetch Rs 2,800 crore factoring in the discount.
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ING Group To Sell Remaining $1-Billion Stake In Kotak Mahindra Bank
ING Group held 3.7 percent in the private lender as of September, according to an exchange filing.
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ING To Cut About 5,800 Jobs Through 2021 To Reduce Costs
The bank expects to save about 900 million euros a year through the program, which includes about 2,300 cuts in the Netherlands and about 3,500 in Belgium.
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ING Selling Stake Worth $300 Million In Kotak Mahindra Bank: Report
Dutch financial services company ING Group is selling a $300-million stake in Kotak Mahindra Bank Ltd in a block trade on Thursday, according to a deal term sheet seen by Reuters.
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Dutch Prime Minister Mark Rutte Meets PM Modi, Says Netherlands Keen to Invest in India
Dutch companies are keen to invest in India, particularly in sectors like water management, waste management, agriculture, infrastructure, smart cities, banking and pension funds, Netherlands' Prime Minister Mark Rutte said on Friday.
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HSBC Set to Cut Thousands of Jobs Globally: Report
HSBC Holdings Plc is planning to cut thousands of jobs globally and is set to make an announcement next week, Sky News reported on Monday, citing unidentified sources.
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Kotak Expects Major Global Cooperation Boost from ING Deal
Post the merger, Dutch financial services giant ING, currently the main promoter of over 80-year-old ING Vysya Bank, would become a shareholder in the merged entity with 6.5 per cent stake and would remain invested for minimum one year.
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Kotak-ING Vysya Deal: Competition Commission Will Look at Combined Market Share
Under the all-stock deal, ING Vysysa stock has been valued at Rs 790 a share, which is a 16 per cent premium to the 30-day stock price as of November 19, while pegging Kotak Bank at Rs 1,119 a share in similar manner.
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India Ratings upgrades ING Vysya Bank rating; outlook stable
India Ratings said on Wednesday that it has upgraded ING Vysya Bank's rating by a notch on better capitalisation levels and stronger provisioning done in the past.
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ING Vysya Bank to raise Rs 2,000 crore via preferential shares, QIP
Bangalore-headquartered private lender ING Vysya Bank said on Wednesday that it hopes to raise Rs 2,000 crore in fresh capital by the first half of next month through a mix of preferential share allotment to the promoters as well as a qualified institutional placement.
-
ING Group To Sell Part Of Its Stake In Kotak Mahindra Bank
At the current prices, the stake sale could fetch Rs 2,800 crore factoring in the discount.
-
ING Group To Sell Remaining $1-Billion Stake In Kotak Mahindra Bank
ING Group held 3.7 percent in the private lender as of September, according to an exchange filing.
-
ING To Cut About 5,800 Jobs Through 2021 To Reduce Costs
The bank expects to save about 900 million euros a year through the program, which includes about 2,300 cuts in the Netherlands and about 3,500 in Belgium.
-
ING Selling Stake Worth $300 Million In Kotak Mahindra Bank: Report
Dutch financial services company ING Group is selling a $300-million stake in Kotak Mahindra Bank Ltd in a block trade on Thursday, according to a deal term sheet seen by Reuters.
-
Dutch Prime Minister Mark Rutte Meets PM Modi, Says Netherlands Keen to Invest in India
Dutch companies are keen to invest in India, particularly in sectors like water management, waste management, agriculture, infrastructure, smart cities, banking and pension funds, Netherlands' Prime Minister Mark Rutte said on Friday.
-
HSBC Set to Cut Thousands of Jobs Globally: Report
HSBC Holdings Plc is planning to cut thousands of jobs globally and is set to make an announcement next week, Sky News reported on Monday, citing unidentified sources.
-
Kotak Expects Major Global Cooperation Boost from ING Deal
Post the merger, Dutch financial services giant ING, currently the main promoter of over 80-year-old ING Vysya Bank, would become a shareholder in the merged entity with 6.5 per cent stake and would remain invested for minimum one year.
-
Kotak-ING Vysya Deal: Competition Commission Will Look at Combined Market Share
Under the all-stock deal, ING Vysysa stock has been valued at Rs 790 a share, which is a 16 per cent premium to the 30-day stock price as of November 19, while pegging Kotak Bank at Rs 1,119 a share in similar manner.
-
India Ratings upgrades ING Vysya Bank rating; outlook stable
India Ratings said on Wednesday that it has upgraded ING Vysya Bank's rating by a notch on better capitalisation levels and stronger provisioning done in the past.
-
ING Vysya Bank to raise Rs 2,000 crore via preferential shares, QIP
Bangalore-headquartered private lender ING Vysya Bank said on Wednesday that it hopes to raise Rs 2,000 crore in fresh capital by the first half of next month through a mix of preferential share allotment to the promoters as well as a qualified institutional placement.
