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.

Uday to smoothen Kotak-Vysya integration woes: Ex-SBI chmn

After the merger, Kotak Mahindra Bank will become India's fourth largest private sector lender . The merger would be done through a share swap in which 725 equity shares of Rs 5 each of Kotak Mahindra will be issued for every 1,000 shares of Rs 10 each held in ING Vysya Bank.

ING deal: Swap ratio fair for all stakeholders, says Kotak

Uday Kotak Executive VC & MD, Kotak Mahindra Bank expects the bank to see higher ROEs going ahead.

Don't foresee cultural issues with Kotak-ING merger: HDFC

In an interview to CNBC-TV18, Keki Mistry of HDFC shared his outlook on private sector lender Kotak Mahindra Bank's merger with ING Vysya Bank.

Financials unlikely to get affected by RBI's move: L&T Fin

The NBFC company expects more guidelines from the central bank on the same.

Banks to face near-term asset quality, margin woes: Experts

Speaking to CNBC-TV18‘s Latha Venkatesh, VR Iyer CMD, Bank of India said the improvement in infrastructure sector can been seen only after the general elections.

Don't see strategic tie-up with foreign bank: City Union Bk

Reserve Bank governor Raghuram Rajan has said there is going to be a bigger opening because they could contemplate new rules for the entry of foreign banks. It may even allow them to take over Indian banks.

RBI move signals comfortable liquidity situation: ING Vysya

The RBI's 50 bps rate cut was beyond expectation, stated Shailendra Bhandari, MD & CEO, ING Vysya Bank.

Adequately funded for next 2 years, says ING Vysya

The private sector lender ING Vysya on Thursday raised Rs 1,000 crore through qualified institutional placements (QIP) and preferential allotment of shares to the promoters.

BankING on tech: ING Vysya says IT finds the next big thing

Technology has become a way forward for almost all businesses with increasing dependency. In fact most organisations today are driving profitability through streamlined operations and innovation, which come only by implementing the latest techniques.

Banks under pressure to boost deposits: ING Vysya

In an exclusive interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, Shailendra Bhandari managing director and CEO of ING Vysya Bank says that RBI’s move is all set to hurt the banking sector. “Banks are going to be under pressure in order to boost deposits,” he says.