Discussion
Kotak Mahindra acquires ING Vysya bank, to become India’s 4th largest pvt sector bank, the headquarters of ING Vysya bank is located in _________________
Answer: B
In 2014, Kotak Mahindra Bank announced it was acquiring Bengalaru-headquartered ING Vysya Bank in an all-stock deal. ING shareholders will get 725 Kotak Bank shares for every 1,000 shares they hold. The deal will make Kotak the fourth-largest private bank in the country in terms of total business
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