Merger Of Kotak Mahindra Bank

I want to know the merger of Kotak Mahindra Bank and ING Vysya Bank so will you please tell me?

Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai, Maharashtra, India.

In February 2003, Reserve Bank of India (RBI) gave the licence to Kotak Mahindra Finance Ltd., the group's flagship company, to carry on banking business.

In 2014, Kotak Bank acquired ING Vysya Bank in a deal valued at ₹15,000 crore (US$2.3 billion). With the merger, total employment will jump to almost 40,000, and the count of branches reached 1261

Post the merger, ING Group, which controlled ING Vysya Bank, will own a 7% share in Kotak Mahindra Bank

Products and Services-

Bank
Credit Cards
Life Insurance
Mutual Funds
Car Finance
Securities
Institutional Equities
Investment Banking
International Business
Kotak Private Equity
Kotak Realty Fund
Wealth Management

Deposit Accounts

Savings Account
Current Account
Term Deposits
Corporate Salary Accounts
JIFI Account
Safe Deposit Locker
Kotak 3-in-1 Account

Kotak Loans

Personal Loans
Home Loans
Loan Against Property
Education Loan
Tractor Finance
Rural Auto & Farm Equipment Finance
Home Improvement Loans
Home Loan Balance Transfer
Gold Loans
Commercial Vehicle Finance
Loan Against Securities
Construction Equipment/Infrastructure Finance
Saral Auto Finance

Kotak Cards

Debit Cards
Credit Cards
Compare Credit Cards
Kotak Netc@rd
Best Compliment Cards
Kotak Multi Currency World Travel Cards

Convenience Banking

Net Banking
Mobile Banking
Phone Banking
ATM Network
Money Watch
Hashtag Banking
Kotak Payment Gateway
Insta Balance Service
Immediate Payment Service
Alerts
SMS Banking
Cash Deposit Machine

Investment and Insurance

Demat
Mutual Funds
Life Insurance
Qualified Foreign Investor
ASBA
National Pension System

Contact Details

Registered Office

Kotak Mahindra Bank Limited
36-38A, Nariman Bhavan
227 Nariman Point
Mumbai - 400 021

Kotak Helpline Numbers
For Banking Services: 1800 102 6022
For Credit Card: 1800 102 6022
Abroad: +91 22 6600 6022

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