Nov 25, 2014 at 21:12 | Source: PTI
With the entry of Kotak, number of players in the general insurance sector is now 27.
Nov 25, 2014 at 16:16 | Source: PTI
Kotak Mahindra will be able to maintain the "consistently superior" credit buffers even after the buyout, it said, affirming the bank's rating at 'IND-AAA' with stable outlook.
Nov 25, 2014 at 11:00 | Source: CNBC-TV18
Suresh Ganapathy recommends buying HDFC Bank and is bullish on the stock with a longer-term view. He also likes Axis Bank and ICICI Bank from the space.
Nov 25, 2014 at 08:53 | Source: CNBC-TV18
Speaking to CNBC-TV18, corporate lawyer HP Raina says the deal will be difficult if ING Vysya shareholders are unsatisfied or they feel the swap ratio is not right and may therefore, are not getting a good bargain.
Nov 25, 2014 at 08:34 | Source: CNBC-TV18
Bharti Airtel | HDFC Bank | Jaiprakash Associates | Reliance Capital | Reliance Power | Tata Motors | Kotak Mahindra Bank | Ashok Leyland | ING Vysya Bank | Amtek Auto | Amtek India | Tata Coffee | Aurobindo Pharma | Ahmednagar Forging | Abbott India | SpiceJet | Ceat | Reliance Comm and Hindalco are stocks, which are in the news today.
Nov 24, 2014 at 21:39 | Source: CNBC-TV18
Voting cap means both Kotak and ING need more public support than they would have for this deal to go through. The deal is done under the Banking Regulation Act and not the Companies Act.
Nov 24, 2014 at 20:00 | Source: CNBC-TV18
There have been reports that while Kotak's stock price rose about twice as much as the banking index in the month before the deal was announced, ING Vysya's gains were more than three times the sectoral index.
Nov 24, 2014 at 18:09 | Source: PTI
Post the merger, Dutch financial services giant ING would become a shareholder in the merged entity with 6.5 percent stake and would remain invested for minimum one year.
Nov 22, 2014 at 11:52 | Source: Moneycontrol.com
ING Vysya Bank has submitted a copy of joint press release regarding Kotak Mahindra Bank and ING Vysya Bank announce merger.
Nov 21, 2014 at 18:29 | Source: PTI
"We have no plans to do any massive rationalisation of branches or capacity. We are committed to growing, this is a merger for growth, not for cutting," Uday Kotak said, answering a specific question on whether KMB will be pruning some jobs.