23 May 2017 | 6:21 AM
Research Report
Monthly

Equity Research Report: Religare Investment Pick - Kotak Mahindra Bank Ltd

Kotak Mahindra Bank acquired ING Vysya Bank in an all-stock deal. This amalgamation has created the fourth largest private sector bank in the country. Through this move the bank is able to increase its branch network, fee income and asset profile which would improve profitability for the merged entity going forward. We expect the bank to deliver much higher growth than the industry in FY16-FY17, driven by market share gains in the retail and SME loan segments post-merger.
19 Aug 2015 | 02:41 PM