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  2. ING Vysya Bank - Wikipedia

    en.wikipedia.org/wiki/ING_Vysya_Bank

    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]

  3. Vysya Bank - Wikipedia

    en.wikipedia.org/wiki/Vysya_Bank

    The major shares of the bank were taken over by ING Group in 2002 and the bank was renamed to ING Vysya Bank in 2003. [3] [4]In July 2003, Dewan Housing Finance Corporation (DHFL) took over the shareholding of ING in Vysya Bank Housing Finance Ltd and made it a subsidiary of DHFL and changed the name to DHFL Vysya Housing Finance Ltd (DVHFL).

  4. List of banks that have merged to form the State Bank of ...

    en.wikipedia.org/wiki/List_of_banks_that_have...

    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

  5. Banking in Karnataka - Wikipedia

    en.wikipedia.org/wiki/Banking_in_Karnataka

    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.

  6. ING Group - Wikipedia

    en.wikipedia.org/wiki/ING_Group

    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.

  7. Kotak Mahindra Bank - Wikipedia

    en.wikipedia.org/wiki/Kotak_Mahindra_Bank

    In 2014, Kotak Mahindra Bank announced the acquisition of ING Vysya Bank in a deal valued at ₹ 15,000 crore (US$2.34 billion). With the merger completed in 2015, Kotak Mahindra Bank had almost 40,000 employees, and the number of branches reached 1,261. [21]

  8. Indian Banks' Association - Wikipedia

    en.wikipedia.org/wiki/Indian_Banks'_Association

    The Indian Banks' Association (IBA), formed on (26 September 1946), is an unregistered, voluntary association of like-minded banks and individuals in India [1] —a representative body of Indian banks and financial institutions based in Mumbai. [2]

  9. Immediate Payment Service - Wikipedia

    en.wikipedia.org/wiki/Immediate_Payment_Service

    Immediate Payment Service is managed by the National Payments Corporation of India (NPCI) and is built upon the existing National Financial Switch network. In 2010, the NPCI initially carried out a pilot for the mobile payment system with 4 member banks (State Bank of India, Bank of India, Union Bank of India and ICICI Bank), and expanded it to include Yes Bank, Axis Bank and HDFC Bank later ...