Ing Vysya Bank

Cloud Doesn't Work For All Segments Of Banking

Aniruddha Paul, VP and Head of IT Change Delivery, ING Vysya Bank shares tips for banks treading the cloud path.

ING Vysya Bank Implements Sanovi DR Solution

Sanovi identified the areas of application, which needed to be DR ready like identifying and removing hard-coded IP address references and documentation of all the steps for fail over and DR drill so that they could be automated.

Kotak Mahindra Bank Q2 net profit up at Rs 942 cr

Total income stood at Rs 4,621 crore for the quarter ended 30 September.

Bad debts cloud outlook for India's private sector banks

A financial stability report published by the central bank in June said that under its worst case scenario, private sector banks' gross bad loan ratio could almost double.

FIPB to consider Kotak Bank's FDI proposal on 28 May

India allows FDI in most of the sectors through automatic route, but in certain segments considered sensitive for the economy and security, the proposals have to be first cleared by FIPB.

Kotak Bank profit up 37.5% in Q4 on higher other income; issues 1:1 bonus share

The total income rose to Rs 3,249.08 crore for the quarter ended March 31, 2015 from Rs 2,552.96 crore in the same period a year ago

Kotak Bank-ING Vysya merger deal gets CCI nod

The proposed Rs 15,000 crore merger deal between Kotak Mahindra and ING Vysya has got the Competition Commission's approval.

GDP forecast not in sync with tax collection, credit growth, say Analysts

Raising questions about the new methodology pushing up the GDP forecast to 7.4 percent for the current fiscal, economists have said it is not in sync with key parameters such as tax collections and credit growth.

Indian M&A deals touch record $50 bn in 2014

M&A deals of Indian companies in 2014 rose to 1,177 - valuing at about $50 billion - the highest ever in a decade and the momentum is set to pick even higher this year, according to a report.

RBI may bring down repo rate to 7-7.25% by Dec, says Uday Kotak

Veteran banker Uday Kotak today said he expects the RBI to bring down repo rate to 7-7.25 percent by December.