(Updates pricing in second paragraph.) Nov. 20 (Bloomberg) -- Billionaire Uday Kotak's Kotak Mahindra Bank Ltd. agreed to acquire ING Vysya Bank Ltd. in India's biggest banking takeover. Kotak Mahindra will pay 725 shares for every 1,000 shares of ... Washington Post, 1 month ago
Billionaire Kotak Buys ING Vysya in Record Indian Deal - BusinessWeek, 1 month ago
Merger with State Bank of India (SBI) might not happen at least for a year or two as the time is not ripe, says SA Ramesh Rangan, Managing Director of State Bank of Patiala (SBP). The bank, which is one of the five associate banks of SBI, has been ...Hindu Business Line, 1 month ago
Cosmo Films has board meeting held on November 10, 2014, has transacted the following: 1. Cessation of Mr. Ramkant Dwivedi from the Directorship of the Company w.e.f. October 30, 2014. 2. Appointment of Mr. Pratip Chaudhuri as an Additional Director in the ...Money Control, 1 month ago
The government says it has cancelled the existing selection process of public sector bank chairman and managing director (CMD) and executive director (ED) and brought in a new methodology wherein the RBI governor or a nominee of the rank of its deputy ...Deccan Herald, 1 month ago Govt to change how bank chiefs are chosen Livemint.com, 1 month ago Give weightage on articulation while selecting PSB CMDs Moneycontrol.com, 1 month ago
Half-a-dozen state-owned banks may be headless and governance issues at some of these lenders remain yet to be addressed, but a proposal approved by the government will ensure a minimum tenure of four to five years for the next chiefs of India's ...Financial Express, 1 month ago
Comment (3) · print · T T T+· T- TOPICS Mr. Rajan assumes charge as RBI Governor amidst extremely difficult pressures on the external front resulting in the rupee becoming one of the worst hit currencies globally. Top bankers exuded ...The Hindu, 1 month ago
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