Ing Vysya

Moneycontrol did some back-of-the-envelope calculation to figure out if the tall targets on customer acquisition will make any incremental difference to the consensus projection of Kotak Bank’s numbers for FY19.

Kotak Mahindra Bank Q3 profit rises 11.5%, provisions higher

Net interest income rose by 5.2 percent quarter-on-quarter (up 66.7 percent on yearly basis) to Rs 1,766.2 crore in quarter gone by.

Larger banks too will feel heat of payment bks: AK Purwar

Former chairman of State Bank of India AK Purwar says even larger banks will start feeling the heat and pinch of this, not just midcap and small banks. In a neck and neck competition, he says: “It will become a question of survival of the fittest.”

Competition Commission examining Kotak-ING deal

Kotak Mahindra Bank had announced the buyout of ING Vysya Bank in an all-stock deal in November last year and the transaction received shareholders' nod earlier this month.

Opening bell: Nifty likely to open flat, negative bias seen

The market on Thursday took a good end to otherwise quite a subdued session because at one point of time the Nifty was down close to around 20 points but it staged a big recovery from the days low and ended the day in the green with a gain of around 20 points.

See Infy post more stable margins over 2-3 years: Aberdeen

Infy has been lagging in earnings and growth assumptions for sales over the last two-three years, but there are some fundamental shifts within that stock. Adrian Lim, Aberdeen Asset Management would like to see some stability and consistency in decision making going forward, on the back of reshuffling of leaders within the senior management.

'RBI move short-term; only structural steps can close CAD'

Only PSU banks with large mark-to-market losses are likely to benefit from RBI's latest measures announced the day before. This is not the time for one-off measures. Government needs to take structural decisions to get back structural portfolio flows, both on debt and equity side

ING Vysya Bank may touch Rs 700: SP Tulsian

SP Tulsian of sptulsian.com is of the view that ING Vysya Bank may touch Rs 700 in next six months.

Yes Bank sees corporate rivalry behind family feud

In yet another twist in the Yes Bank family feud, the bank's CEO and MD, Rana Kapoor had written a letter to Reserve Bank of India (RBI) in 2012 seeking declassification of Madhu Kapur who is the wife of late Ashok Kapur as a co-founder.

Prefer ICICI Bank, Yes Bank, SBI, PNB: Dolat Capital

Dolat Capital has come out with its Q4FY13 review on Indian banking sector. The research firm continues to prefer ICICI Bank, Yes Bank and KVB amongst the private banks and amongst the PSBs SBI and PNB as they have been able to improve their asset quality over the past 2 quarters.

PFC, IFCI attractive bets in financial space: Satish Gupta

Financial stocks like PFC, Yes Bank, REC, IFCI, IDFC, ING Vysya, L&T Finance and LIC Housing will be getting astrological support, says Satish Gupta of Astrostocktips.

Why Nirmal Bang prefers private over public banks

Nirmal Bang has come out with its report on "Banking Q3FY13 quarterly results review". The research firm continues to prefer private banks as compared to Public Sector Banks in terms of core income growth and asset quality.

Recognise potential to grow in insurance business: Exide

Battery supplier Exide Industries has agreed to increase its stake in the insurance joint venture, ING Vysya to 100 percent.

CARE: Bonanza for existing shareholders, says V S Fernando

CARE‘s offer at the lower end of the price band (700) itself discounts its FY12 EPS and Book Value 17.3 times and 5.3 times respectively. As compared to CRISIL and ICRA, CARE may perhaps look cheap, says V S Fernando.

Private banks can give faster gains: Mehta

Devang Mehta, Anand Rathi Financial Services is of the view that one can hold Union Bank buy the faster gains would be in private banks.

Rating agency CARE gets Sebi go-ahead for IPO

Domestic rating agency Credit Analysis & Research Ltd (CARE) has got a go-ahead from the market regulator Sebi for its proposed initial pubic offer.

Not easy to improve CASA ratio in current set-up: ING Vysya

MD & CEO of ING Vysya Shailendra Bhandari says that the bank faced a few challenges in Q1 due to the interest rate scenario in the country

Houseviews: 4 buzzing stocks to buy or hold today

Here are brokerages' views on four buzzing stocks of the day.

ING Vysya, Federal Bank look good: Nitin Raheja

ING Vysya and Federal Bank are looking good from banking space, says Nitin Raheja, Rada Advisors.

Stay away from Sesa Goa, says Nitin Raheja

Nitin Raheja, Rada Advisors advice investors to stay away from Sesa Goa at current level.

Bull's Eye: Buys Coal India, Bharti Airtel, Rel Cap, Ceat

CNBC-TV18 brings you a brand new week of Bull's Eye. It's the popular game show where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.

ING Vysya Bank signs MoU with Oriental Insurance

ING Vysya Bank (ING) has signed a memorandum of understanding with state-owned Oriental Insurance Corporation (OIC) for offering ePayment services through all its branches across India.

ING Vysya Bank Deploys Nucleus Software's FinnOne

Deployment has helped the bank to automate its Auto Loan, Home Loan, Personal Loan, Education Loan and Consumer loan functions

South Indian Bank a good long term bet: Angel Broking

South Indian Bank a good long term bet, says Rajen Shah of Angel Broking.

State Bank of India rules out lending rate hike

The country's largest lender State Bank of India (SBI) today said it was not in favour of hiking lending rates despite the Reserve Bank's 12th consecutive rate increase last month.