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ING Vysya Bank was a privately owned Indian multinational bank based in Bangalore, with retail, wholesale, and private banking platforms formed from the 2002 purchase of an equity stake in Vysya Bank by the Dutch ING Group. This merger marked the first between an Indian bank and a foreign bank. [4]
Established in 1930s, Vysya Bank was formally incorporated and favours the Arcot Mudaliar community in the city of Bangalore, Karnataka.The state of Karnataka is known as the "cradle of Indian banking" due to the region's bygone banking relationship with several European East India Companies during the 17th, 18th and 19th centuries.
In 1948 Vysya Bank became a scheduled bank. On 7 October 2002 ING Group took over the Management of the Bank. But again ING Vysya Bank has merged with Kotak Mahindra Bank with effect from 1 April 2015 and the combined entity bears the name Kotak Mahindra Bank. [9] Before merger ING Vysya Bank had about 470 branches spread all over India.
Rank Name of the Bank Year of Founding Year of Closing Fate Headquartered in References [1]; 1: The Madras Bank (1683) 1683: 1843: Merged with the Carnatic Bank, The British Bank of Madras (1795), and the Asiatic Bank to form the Bank of Madras in 1843
ING House; ING Mexico; ING Vysya Bank; M. Mercantile Mutual; N. NN Group; NN Running Team; P. Postbank N.V. This page was last edited on 6 March 2023, at 23:16 ...
Karur Vysya Bank: 1916 Amarchand & Mangaldas & Suresh A Shroff & Co: 1917 Pune District Central Cooperative Bank: 1917 Indian Iron and Steel Company (IISCO) 1918 Juggilal Kamlapat (J. K. Organisation) 1918 Orissa Minerals Development Company: 1918 Saraswat Co-operative Bank Ltd: 1918 West Bengal State Co-Operative Bank: 1918 Biecco Lawrie: 1919 ...
The ING Group (Dutch: ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam.Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services.
ING Vysya Bank; J. Jana Small Finance Bank; K. Karnataka Bank; ... Vijaya Bank; Vysya Bank This page was last edited on 2 March 2018, at 01:01 (UTC). Text ...