ING Vysya Bank Is Private Or Government

Hello sir, I am Rajendra Prasad. I am from Mumbai. I want you to tell me about the ING Vysya bank. Can you tell if it is a private or public sector bank of India? Can you help me?

[Kiran Chandar]

ING Vysya Bank is a private sector bank of India.
It was formed in the year 2002.
It’s headquarter is located in Bengaluru, India.
ING Vysya bank has now merged with Kotak Mahindra Bank.
It is now known as Kotak Mahindra Bank.

The bank markets an entire range of financial products and services, organised under three strategic lines of business:
retail, private and wholesale banking

Retail banking
Private banking
Corporate/wholesale banking
Agriculture and rural banking

ING Vysya Bank merged with Kotak Mahindra Bank on 1st April, 2015.

In 2014, Kotak Bank acquired ING Vysya Bank for a deal valued at ₹15000 crore (US$2.2 billion).
With the merger, the total human resource count will jump to almost 40,000 heads and the count of branch reached at 1261.
Post the merger, ING Group which controlled ING Vysya Bank will own 7% share in Kotak Mahindra Bank