KOTAK BANK ING VYSYA BANK AMALGAMATION

• Established in 1985: KOTAK MAHINDRA GROUP

• February 2003: Kotak Mahindra Finance Ltd. (KMFL)

• The first non-banking finance company - Kotak Mahindra Bank Limited

• Services: Retail and Corporate (Consumer Banking Service, Commercial Banking Services, Investment Banking Services, etc.)

• 15 subsidiaries across India

• Listed: BSE, NSE & LSE

Shareholding in Kotak before the Merger

40.02%

59.98%

Promoter Group Public Shareholdings

• Established in 1930s: “VYSYA Bank”- Supporting Trade Community in South India

• During 2002: First Indian bank merged With Dutch banking giant ING Group

• Services: Retail, Private And Wholesale Banking Services

• Listed: BSE & NSE

Shareholding in ING Vysya before the Merger

42.51%

57.49%

Promoter Group Public Shareholding

40.02%

59.98%

Promoter Group Public Shareholdings

42.51%

57.49%

Promoter Group Public Shareholding

Share Swap725 : 1000

Pre- Merger

Post- Merger

33.99%

59.53%

6.48%

Promoter holdingPubli HoldingING Group

Reasons for MergerIncrease in Branch network

Region Kotak ING Vysya Merged Entity

West 46% 12% 30%

North 34% 20% 27%

South 15% 64% 38%

East 5% 4% 5%

Customer Base

Particular Kotak ING Vysya Merged Entity

Total Number of Branches 641 573 1214ATMs 1159 635 1794

• Access to International business

• Thrust to SME business: ING Vysya Bank (38%), Kotak bank (8%)

Reasons for MergerDeposits & Advances (Rs. In Crore)

  Kotak ING Vysya

Advances 81,418 39,558

Deposits 66,311 44,652

2011 2012 2013 2014 20150

10000

20000

30000

40000

50000

60000

3259 3603 4753 5759 75263330 5050 7268 1008714031

746413241

1650622543

29215

KOTAK

CA SA TS

Deposit Trends

2011 2012 2013 2014 20150

5000100001500020000250003000035000400004500050000

5100 6400 7300 7000 73005400 5600 6100 6800 7300

1970023100

27900 275003130000

ING Vysya

CA SA TS

Source: Kotak Mahindra Annual Report (2014-15)

• Capital Adequacy Ratio: The individual CAR for FY stood at 18.9% and 16.76% for FY 2014 and this ratio was expected to be 17.6% after the merger

• Saving on infrastructure overlapping

Key Financials(a) Asset Quality (b) Shareholders’ Returns

Stock Price & RSI

Stock Price & RSI