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 bankWebsite | http://www.sicmoney.com |
Revenue | $195000 |
Employees | 6 (6 on RocketReach) |
Industry | Banking, Finance |
Looking for a particular Kotak bank employee's phone or email?
The Kotak bank annual revenue was $195000 in 2023.
6 people are employed at Kotak bank.