Ing Vysya Bank

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  No Communication On Axis-Kotak Bank Merger: Report

  In 2015, Kotak Mahindra Bank completed acquisition of mid-sized private sector ING Vysya Bank for about Rs 15,000 crore. The deal was touted as India's biggest banking merger.

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  S&P Affirms Rating On Kotak Mahindra Bank, Says No Upgrade Likely In 1-2 Years

  S&P Global Ratings said the rating also reflects the bank's increased size and reach following its acquisition of ING Vysya Bank in 2015.

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  Kotak Mahindra Bank Expects 20% Credit Growth In FY17

  Kotak Mahindra bank expects about 20 per cent growth in credit during the current fiscal, a senior executive said on Monday.

• ING's Profit Jumps on Sale of Indian Unit

  The net profit of 1.36 billion euros ($1.48 billion) was a 27 per cent rise from the April through June period last year, but the increase was entirely due to the sale of ING's Indian subsidiary Vysya Bank for 367 million euros.

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  Kotak Mahindra Bank Falls 4% As Q1 Net Plunges 56%

  Shares of Kotak Mahindra Bank fell over 4 per cent on Friday after the India's fourth-biggest private sector lender by assets reported a 56 per cent fall in its net profit for the June quarter.

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  Kotak Mahindra Bank Sees Cost Rise After ING Vysya Deal

  Kotak Mahindra Bank, India's fourth biggest private sector lender by assets, expects its credit costs to jump this fiscal year as it makes more provisions related to its purchase of smaller local rival ING Vysya Bank, it said on Thursday.

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  FIPB to Consider Kotak Bank, 12 Other Proposals on July 3

  The Reserve Bank has barred overseas investments in the private sector lender after foreign shareholding in it hit the permissible threshold following merger of ING Vysya Bank with Kotak Bank.

• Kotak Mahindra Bank, ING Bank Sign Pact for Cross-Border Business

  Private sector Kotak Mahindra Bank on Friday inked a pact with ING Bank for exploring opportunities arising from cross-border business, investments and trade flows across various geographies including Europe.

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  Kotak Mahindra Lists Shares of Merged Entity

  After the merger of ING Vysya with itself, Mumbai-headquartered Kotak Mahindra Bank on Monday listed new shares of the merged entity on stock exchanges.

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  Kotak-ING Vysya Bank Merger To Increase Reach: Uday Kotak

  The new merged entity of 40,000-strong employees is excited to take up the challenge of integration and work towards building a "bigger, better, bolder Kotak" Mr Kotak said.

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  Kotak Bank Seeks FIPB Nod to Hike Foreign Holding to 55%

  At present, foreign investors, including FIIs, FPIs, and foreign banks, together hold 48.5 per cent in Kotak Bank pursuant to its merger with ING Vysya Bank.

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  Kotak Bank Allots 13.92 Crore Shares to ING Vysya's Shareholders

  In November last year, Kotak Mahindra Bank had announced the acquisition of mid-sized private sector ING Vysya Bank in an all-share deal worth Rs 15,000 crore.

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  ING Vysya Bank Hits Life High on Last Day of Trading

  Morgan Stanley believes return on assets of Kotak Bank will improve in FY17-18. "Valuations are not cheap but we see multiples being high," the brokerage added.

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  Post-Merger, Kotak Mahindra Sharpens Focus on Large Corporates

  Days after receiving approval from the Reserve Bank of India (RBI) for merging ING Vysya Bank with itself, Kotak Mahindra Bank (KMB) has integrated its corporate lending and investment banking verticals to serve large corporates, just like many Wall Street banks.

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  Kotak Mahindra Bank Rejigs Corporate, I-Banking Arm

  Besides, the private sector lender -- which has got all the regulatory approvals to take over ING Vysya Bank earlier this week -- also announced multiple appointments in KMCC.