Question

Kotak Mahindra Bank Ltd., India’s fourth largest private bank, and ING Vysya, the Indian branch of the Netherlands ING Bank. Kotal Mahindra signed a Memorandum of Understanding with ING Bank, establishing both firms’ stake in the Indian firm.

Answer 1

Answer:

1. Merger through Absorption  

2. Meaning: An absorption is a combination of two or more companies into an ‘existing company’. All companies except one lose their identity in such a merger.

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Answer 2

Answer:

h e y a r e y o u m a d or n o t t e l l. m e