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13 Jul 2016

HDFC Bank is now more valuable than major European peers

Beating major European peers, HDFC Bank has gone ahead to become highly valuable lending institution only behind five European banks with worth more than $45 billion (RS 3.012 lakh crore).

05 Aug 2015

ING posts rising profits thanks to sale of Indian unit

Top Dutch bank ING posted a rise in second quarter net profits but the increase was due to the sale of an Indian unit, leaving its shares sliding in morning trading.

26 May 2015

Dutch ING selling majority stake in NN Group

Top Dutch bank ING announced Tuesday it was selling 45 million ordinary shares in NN Group, thereby relinquishing its majority stake in the giant insurer.

11 Feb 2015

Dutch bank ING to pay first dividend in seven years

ING Group on Wednesday posted results that missed analysts` expectations for fourth quarter pretax profit due to one-off charges but said it will resume paying a dividend in 2015, the first time in seven years.

11 Feb 2015

Dutch ING declares first dividend since 2008 crisis

Leading Dutch bank ING said Wednesday it planned paying a dividend for the first time since getting a state bailout in 2008, despite posting a 64 percent drop in net profit for 2014.

25 Nov 2014

Dutch bank ING says to slash 1,700 jobs

Leading Dutch bank ING on Tuesday announced it will slash 1,700 local jobs over the next three years, as it upgraded its automated online banking services.

05 Nov 2014

ING says to pay off bail-out loan ahead of time

The Amsterdam-based ING posted 928 million euros ($1.16 billion) in third-quarter net profit, up from 128 million euros over the same period last year, a statement said.

15 Jul 2014

Birla Sun Life-ING deal gets Competition Commission approval

Fair trade watchdog CCI has cleared the proposed deal between Birla Sun Life entities and ING in the mutual funds space, saying the transaction was unlikely to have an adverse impact on competition.

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