Kotak Mahindra Bank

Kotak Mahindra Bank

 

 

In India’s biggest banking merger, Kotak Mahindra Bank on Thursday announced acquisition of mid-sized private sector ING Vysya Bank for about Rs 15000 crore.

 

The merger will catapult the nation’s fourth largest private bank to nearly Rs 2 lakh crore balance sheet size ahead of the entry of new players next year.

 

 

Note:

For more updates on topics asked in CLAT, keep visiting CLAT Gurukul which is a knowledge sharing initiative of The Knowledge Tree, Patna’s premier coaching institute for CLAT and for other law entrance exams like AILET, SET, LSAT etc.

Comments

comments