2023 2024 EduVark > Education Discussion > General Discussion


  #1  
January 31st, 2020, 08:44 PM
Super Moderator
 
Join Date: Mar 2012
Kotak Mahindra Bank Ing Vysya

I have come to collect info of Kotak Mahindra Bank Ing Vysya merger, so would you plz tell me about the same , as I am asking for my banking GK for preparation for competition exam ??

Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai, Maharashtra, India. Reserve Bank of India (RBI) gave the licence to Kotak Mahindra Finance Ltd in February 2003,

Kotak Mahindra Bank Ing Vysya merger
Kotak Bank acquired ING Vysya Bank in 2014, in a deal valued at Rs 15,000 crore (US$2.3 billion). With the merger, total employment jumped to almost 40,000, and the count of branches reached 1261. After the merger, ING Group, which controlled ING Vysya Bank, owned a 7% share in Kotak Mahindra Bank.

Bank profile:

Type Public

Traded as BSE: 500247

NSE: KOTAKBANK

Industry Banking, financial service

Founded 1985 (as Kotak Mahindra Finance Ltd)

Headquarters Mumbai, India

Key people Uday Kotak (founder & Executive Vice Chairman & MD)

Dipak Gupta (Joint MD)

Jaimin Bhatt (President & Group CFO)

Shanti Ekambaram (President - Consumer Banking)

KVS Manian (President - Corporate, Investment & Institutional Banking)

Mohan Shenoi (Chief Operating Officer)

Gaurang Shah (President - Asset Management, Insurance and International Business)

D Kannan (Group Head - Commercial Banking)

Arvind Kathpalia (President & Group Chief Risk Officer)

Products Deposit accounts, loans, investment services

Revenue 27,974.52 crore (US$4.4 billion) (2016)

Net income 3,431.12 crore (US$530 million) (2016)

Total assets US$15.8 billion (2015)

Number of employees 46,500+ (2016)

Last edited by Neelurk; April 28th, 2020 at 05:21 PM.
Similar Threads
Thread
Kotak Mahindra Bank In Jaipur
Introduction To Kotak Mahindra Bank
Kotak Mahindra Bank Uk
Kotak Mahindra Bank.Co.In
Kotak Mahindra Bank Lap
Kotak Mahindra Bank Near BTM
Achievements Of Kotak Mahindra Bank
Kotak Mahindra Bank PO
Kotak Mahindra Bank Bod
Kotak Mahindra Bank NSE
Kotak Mahindra Bank Ambernath
Kotak Mahindra Bank CC
Kotak Mahindra Bank ATM in CP
Kotak Mahindra Bank PL
Ing Vysya Bank Merged With Kotak Mahindra Bank



Quick Reply
Your Username: Click here to log in

Message:
Options



All times are GMT +5. The time now is 05:11 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Content Relevant URLs by vBSEO 3.6.0

1 2 3 4 5 6 7 8