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Kotak Mahindra Bank Ltd is acquiring ING VYSYA Bank Ltd in an all-stock transaction that will create India's fourth largest private sector lender with nearly $2 trillion of assets and 10 million customers. The deal entails the swap of 725 Kotak Mahindra shares for every 1,000 shares in ING VYSYA. It has been struck at a 16% premium to the one month-average share price of ING VYSYA, valuing the lender at $2.5 billion and making it the biggest bank acquisition in India.

View Top Employees from Kotak bank
Website http://www.sicmoney.com
Revenue $195000
Employees 6 (6 on RocketReach)
Industry Banking, Finance

Kotak bank Questions

The Kotak bank annual revenue was $195000 in 2023.

6 people are employed at Kotak bank.

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