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ING
Vysya Bank Ltd
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Type
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Private
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Trade
As
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BSE:
531807
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Industry
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Banking,
Financial Services & Insurance
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Founded
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2002
(est. 1930 as Vysya Bank) |
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Headquarters
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Bangalore,
India
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Key
people
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Shailendra
Bhandari
(CEO & MD) Arun Thiagarajan (Chairman of the Board) |
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Employees
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6,500
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Website
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ING
Vysya Bank
is a Bangalore-based retail and commercial bank, formed after the ING Group
formally merged with Vysya Bank in 2002. This merger marks the first between an
Indian bank and a foreign bank. Founded in 1930, Vysya Bank was formally
incorporated in the city of Bangalore, Karnataka. The state of Karnataka is
known as the "cradle of Indian banking" due to the region's bygone
banking relationship with several European East India Companies during the
17th, 18th and 19th centuries. Seven of the country's leading banks (Canara
Bank, Syndicate Bank, Corporation Bank, Vijaya Bank, Karnataka Bank, State Bank
of Mysore, and ING Vysya Bank) were originally established in Karnataka.
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