Apr 27, 2015 at 20:11 | Source: PTI
Shareholders of ING Vysya Bank were issued 13,92,05,159 shares of Rs 5 each. The trading of new shares will be effective from Monday.
Apr 27, 2015 at 12:20 | Source: Moneycontrol.com
Effective April 1, 2015, ING Vysya Bank has merged with Kotak Mahindra Bank creating a Rs 2 trillion institution (consolidated). The merged entityKotak Mahindra Bank now has a significant national footprint of over 1,250 branches and 1900 ATMs spread across 640 locations, affording it the capacity and means to serve customers better.
Apr 27, 2015 at 11:54 | Source: CNBC-TV18
In an interview to CNBC-TV18, Uday Kotak, Executive Vice-Chairman and Managing Director of Kotak Mahindra Bank, said the merger from practical point of view is effective April 1 and the forecast for merged entity will be given along with Kotak Mahindra earnings on May 5.
Apr 25, 2015 at 16:35 | Source: CNBC-TV18
Reckoned for his business acumen, deep knowledge and focus Gopal Srinivsan of TVS Capital Funds sets the bar high for TVS Capital as years go by. In an interview to CNBC-TV18, Srinivasan talks about the business, investments and road ahead for the company.
Apr 22, 2015 at 11:45 | Source: Moneycontrol.com
Shares of Kotak Mahindra Bank (KMBL) fell 3 percent intraday on Wednesday as RBI said foreign institutional investors cannot buy more shares of the private sector lender henceforth.
Apr 21, 2015 at 16:56 | Source: CNBC-TV18
Rahul Mohindar of viratechindia.com has a negative view on ICICI Bank and Axis Bank.
Apr 21, 2015 at 16:35 | Source: PTI
Kotak Bank committee has alloted pursuant to the scheme of amalgamation, over 13.92 crore shares of the bank as on the record date of April 17, it said in a filing to the BSE.
Apr 21, 2015 at 15:58 | Source: PTI
Foreign investors can acquire up to 49 percent stake in Indian lenders through automatic route, but beyond that requires the nod of FIPB, headed by the Economic Affairs Secretary in the Finance Ministry.
Apr 17, 2015 at 23:22 | Source: Moneycontrol.com
Karur Vysya Bank's baord meeting will be held on April 30, 2015, to consider and approve the Audited Financial Results of the Bank for the financial year ended March 31, 2015 and also to recommend dividend, if any, on the equity shares of the Bank for the said period.
Apr 15, 2015 at 14:36 | Source: Reuters
The ECB is almost certain to keep rates unchanged at record lows and also tipped to quash talk it might scale down sooner than planned the 1 trillion euro quantitative easing scheme it launched last month.