History
ING Vysya Bank Ltd is a primary private sector bank with private, wholesale and retail banking platforms that assist over two million customers all over India. With more than 80 years of history in the Indian country and leveraging ING's worldwide business expertise, the bank provides a extensive variety of advanced and recognized products and facilities, across its 547 branch offices. The Bank, which has near to 10,000 staff, is also listed in the list given by the Bombay Stock Exchange Limited and National Stock Exchange of India Limited.ING Vysya Bank was graded amongst the top 5 Most Trusted Brands among the private sector banks of India in the Economic Times Brand Equity – Neilsen survey that was taken in the year 2011. The bank was established from the year 2002 acquirement of an equity share in the Indian Vysya Bank by the Dutch based ING Group. This union marked the very first between an Indian bank and an overseas bank. Proceeding to this transaction, Vysya Bank had a 7 year old tactical association with the erstwhile Belgian bank Banque Bruxelles Lambert, which was also developed by the ING Group in the year 1998.
Current operations
ING Vysya Bank has contested in the banking or financial facilities and insurance market places for more than 80 years and presently serves more than 2 million Indian consumers. The bank marketplaces a complete variety of monetary products and facilities organized under the three tactical lines of business of private, retail and wholesale banking.
Retail banking
With nearly 547 branch offices and about 10 counters, 28 satellite workplaces and 470 ATM centers countrywide, ING Vysya's retail procedure offers inspection of accounts, savings, deposits, retail fortune management facilities, consumer loans, agricultural or rural banking and retail life insurance plans. The bank has quickly prolonged its distribution footmark and has generated a nationwide brand existence through numerous innovative marketing movements.Private banking
ING Vysya's private bank works on a counseling focused model. Dedicated market investigation remains the bank's sole focus for the overview of newly custom-made products to aid the high-end private banking section.Corporate/wholesale banking
The extensive banking commercial delivers business clients in India a variety of viable, transactional and electronic finance products. The bank provides client dedicated products that include working capital funding, trade and transactional facilities, overseas exchange, term credits and cash management facilities. The extensive banking business includes four business sub parts and multiple product aids. The business sections are Business and Investment Banking, Evolving Corporates, Banking and Monetary Institutions and business markets.Working Capital and Agriculture Term Loans
Agriculture and Rural Banking facilities pacts with all the corporate connected to agriculture and associated activities, Gold Loans, advances to SHGs and loaning to government supported arrangements are done by ING Vysya Bank. The Working Capital and Agriculture Term Loans for Dairy, Poultry, Cold storing units, etc. are also being presented to provide varied needs of the farming community. The Bank has enhanced retail agricultural loaning at a few places in North India and Central India particularly in the states like Maharashtra, Uttarakhand, Rajasthan, Gujarat and Madhya Pradesh.
MasterCard Innovation Awards
The bank has bagged the MasterCard Innovation Awards at the lately established MasterCard Payments Strategy Conference, under the two classifications namely the Best Debit Card Program and the Best Usage Program. The bank has also lately won the Innovator of the Year Award in the Asia Pacific region at the NetApp yearly innovation awards where more than 24 countries contributed. NetApp Innovation Awards program relies on a third party panel of worldwide judges for the four chief classes.Best Mobile Reference Plan
The bank has received the Best Mobile Reference plan worldwide award from the IBM Company at Las Vegas in May 2014. ING Vysya was pronounced winner for introducing their exclusive mobile phone banking app on numerous platforms like iOS, Android and Windows Phone. At a lately resolved event at Kuala Lumpur, ING Vysya Bank was pronounced the Best Governance Risk and Compliance Project in the Single Country category. The prizes, established by The Asian Banker, were intensely challenged by contestants from 32 countries.The SUNDAY STANDARD of The New Indian Express Group has christened ING Vysya Bank as the harmless bank with a distinct mention to MD and CEO Mr Shailendra Bhandari. Union Minister for Town Growth Mr Kamal Nath presented the award in the formality held at The Taj Mahal Hotel in New Delhi, in September 6th, 2013 .ING Vysya Bank has won the Best Private Sector Bank award in the Asset Quality category at the 'Dun & Bradstreet' Polaris Banking Awards of the year 2013 that was broadcasted in the month of August 22nd. Mr Shailendra Bhandari obtained the award from Mr. Kaushal Sampat, President and CEO, Dun & Bradstreet, India in a ceremony arranged in ITC Maratha, Mumbai, India.
Sunday Standard FINWIZ of the year 2012
ING Vysya Bank was given the 'Safest Banker' by The New Indian Express, which is one of India's best publications, at The Sunday Standard FINWIZ of the year 2012 - Best Bankers' Award.ING was comprised in the year 2011 DJSI World Index which is the longest running worldwide sustainability benchmarks globally and the FTSE4Good which is intended to measure the presentation of companies that meet globally recognized business responsibility principles.Most Trusted Brands Survey of the year 2011
The Bank was ranked amongst the top 5 Private Sector Banks in the Indian country by The Economic Times Brand Equity - Most Trusted Brands Survey of the year 2011. ING Bank's On Line Internet Banking Platform or Portal, was selected as the 'Best Corporate Internet Banking Initiative' for the year 2012 across the region of Asia by the Asian Banker Technology Awards of the year 2011, amongst highly competitive 50 banks from nearly 14 countries.Wholesale Banking Unit
The bank was valued as the 'Top Rupee Forecaster' (against US Dollar) for the straggling six quarters discovery in the month of December in the year 2011 by Bloomberg in their rankings that were done across numerous Asian currencies and marketplace players. The bank's Wholesale Banking Unit was graded 12th position in the Sponsor Ranking of the Bloomberg League Table casing 'All India Private Placement of Bond Issuances'.Business and Commercial Banking Portal
ING Inwards, an advanced solution that aids large companies accomplish receivables across much geography and associate has won the CIO 100 award for the 3rd successive year in the year 2011. CIOL award of the year 2011 was given for Business and Commercial Banking Portal, Debt Investment Markets; DCM business has been classified among the top 15 banks in the Indian country in its very first year of operations, sustained by certain high-profile dealings in the bond marketplaces.Website : https://www.ingvysyabank.com/
Contact:ING Vysya Bank Limited
Regd. Office: ING Vysya House, 22, MG Road,
Bengaluru – 560 001 Phone No: 2500 5000
Corporate Identity Number: L85110KA1930PLC000124