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2017 - The bank IDFC Bank is the first in India to launch an Aadhaar-linked cashless merchant solution. [61] [62] 2018 - IDFC Bank merged with Capital First to create IDFC First Bank. [63] 2020 - The bank announced that it has signed Amitabh Bachchan, as its first brand ambassador. [64]
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The ING Group (Dutch: ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam.Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services.
Now the bank is an Associate Bank under State Bank Group and the State Bank of India holds 92.33% of shares. [5] The Bank's shares were listed in Bangalore, Chennai, and Mumbai stock exchanges. This bank had 976 branches and 10627 employees (June 2014) and the Bank has 772 branches (79%) in Karnataka State. [ 6 ]
In 1976, Canara Bank inaugurated its 1000th branch. In 1985, Canara Bank acquired Lakshmi Commercial Bank in a rescue. In 1996, Canara Bank became the first Indian Bank to get ISO certification for "Total Branch Banking" for its Seshadripuram branch in Bangalore. Canara Bank has now stopped opting for ISO certification of branches.
Prakash G Apte was a professor at Indian Institute of Management Bangalore (IIM Bangalore). [1] He is also a former Director of the institute. [2] At IIM Bangalore, he has occupied the UTI Chair in Capital Market Studies since 1994. He has also taught at Columbia University, Katholieke Universiteit Leuven and EDHEC Business School. Currently ...
In 2014, Kotak Mahindra Bank acquired a 15% stake in Multi Commodity Exchange (MCX) from Financial Technologies Group for ₹ 459 crore (US$75.21 million) to become the company's largest shareholder. [20] In 2014, Kotak Mahindra Bank announced the acquisition of ING Vysya Bank in a deal valued at ₹ 15,000 crore (US$2.34 billion).
The South Indian Bank Limited (SIB) is a major private-sector bank headquartered at Thrissur in Kerala, India. As of 31 March 2023, the bank had a network of 948 banking outlets (947 branches and 1 service branch) and 1322 ATMs/CRMs (1189 ATMs and 133 CRMs) spanning 26 states and 4 union territories).