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NEW DELHI: Markets regulator Sebi has imposed a penalty of Rs 9 lakh on ING Vysya Bank’s former official for violating insider trading regulations. The fine was levied on Vinay Agrawal, who was regional head of business.

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Last year, Kotak Mahindra Bank Ltd acquired ING Vysya Bank Ltd, and it hopes to complete the integration. Sharma: We looked at some major categories in the online space and realised that the service sector is growing rapidly. Close.

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The regulator also instructed banks to apply a more stringent affordability test on all. plunging the economy into recession. James Knightley, of ING Bank, described the moves as “very modest” and said none addressed the.

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Arkadi Kuhlmann, the iconoclastic lender who hired clothing-store clerks and fired customers who bothered his staff too often, is out as head of Wilmington-based ING Direct Bank, the $90 billion online- and. originally a credit card.

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ING Vysya Bank Ltd has posted a net profit of Rs. 1434.00 mn for the quarter ended June 30, 2014 as compared to Rs. 1751.20 mn for the quarter ended June 30, 2013. Total Income has increased from Rs. 15530.80 mn for the quarter.

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Banking groups are developing new anti-fraud technologies that can be detected by scanners, but these have not been widely deployed. Unlike credit cards, which have strict federal anti-fraud rules, each bank sets its own policies for.

The bank is owned by ING group and it is considered as a big name in financial and banking sector of India. The ING group also works in other countries that include Korea, Poland, Hungary, Mexico and Chile. ING Gold. The is not so much variety in ING VYSYA credit cards, it offers only one credit card that is ING Gold credit card.

As many as one in four American teenagers don’t know the difference between a debit card and a credit card, according to a survey commissioned by ING DIRECT USA and its parent. a debit card involved borrowing a bank’s money.