Kotak Mahindra BankBSE 0.23 % will begin to enjoy full benefits of the ING Vysya acquisition from April as it moves to a single technology platform and pushes loan growth through a wider branch network, Shanti Ekambaram, president of consumer banking at Kotak, told ET. The acquisition, which was effective from April 2015, has enabled Kotak to double its branch network, improve savings accounts balances and cut costs. Now, the bank plans to take advantage of the extended branch networ .. Read more at: http://economictimes.indiatimes.com/articleshow/50991845.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source: Economic TimesKotak expects to reap ING Vysya aquisition benefits from April ’16.
Industry: Banking 2016-02-16
