The scheme of amalgamation shall come into effect from 1 April 2015
The RBI (Reserve Bank of India) has approved amalgamation of ING Vysya Bank with Kotak Mahindra Bank.
The scheme of amalgamation shall come into effect from 1 April 2015.
Shares of ING Vysya Bank are trading up 0.69% at Rs. 942 on BSE against the previous of Rs. 936.
Kotak Mahindra Bank is trading flat at Rs. 1,312 against the previous close of Rs. 1,313 on BSE.
The scheme of amalgamation shall come into effect from 1 April 2015.
Shares of ING Vysya Bank are trading up 0.69% at Rs. 942 on BSE against the previous of Rs. 936.
Kotak Mahindra Bank is trading flat at Rs. 1,312 against the previous close of Rs. 1,313 on BSE.
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