Since its inception in 1930s in the state of Karnataka, ING Vysya Bank has been a steady performer in the banking industry with assets totaling up to Rs.54836 crore and is the seventh largest private sector multinational bank operating in India with 1000 orifices and a network of 527 branches.
It deals in private banking, retail and wholesale arena. It was merged with Dutch ING group since 2002 with acquisition of equity stake by the latter in Vysya bank. Its headquarters are in Bangalore. ING Vysya has been touted as ‘’Safest Banker ‘’ by New Indian Express and the Economic Times have crowned it as ‘’Top 5 Most Trusted Private Sector Banks’’.
On 20 November 2014, in an all-stock amalgamation, ING Vysya Bank decided to merge with Kotak Mahindra Bank, creating the fourth largest private sector bank in India. On 1 April 2015, the Reserve Bank of India approved the merger. On 15 May 2016 the whole merger process was completed.
ING Vysya had been ranked the "Safest Banker" by the New Indian Express and among "Top 5 Most Trusted Private Sector Banks" by the Economic Times.