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Kotak Mahindra Bank gets RBI approval for scheme of amalgamation

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Capital Market

Scheme of amalgamation comes into effect from 01 April 2015

Kotak Mahindra Bank announced that Reserve Bank of India has approved the scheme of amalgamation of ING Vysya Bank with Kotak Mahindra Bank. The Scheme of Amalgamation shall come into effect from 01 April 2015.

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First Published: Apr 01 2015 | 10:28 AM IST

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