India’s fast-growing middle class, large labour force, rising education levels and massive English speaking population have fuelled it to become one of the fastest growing economies in the world. It was one of the few countries to post growth during the global financial crisis in 2009. India’s service sector accounts for half of the country’s GDP and is further fuelled by strong foreign investment.
ING Bank converted its representative office in India into a full-service branch in 1994. In 2002, ING merged with Vysya Bank, one of India’s premier private-sector banks with a local history dating back to 1930. The combined entity of ING Vysya Bank had a network of over 10,000 employees and 532 branches. In 2015, ING Vysya Bank merged with Kotak Mahindra Bank, one of India’s largest private sector banks. The merged entity which operates under the Kotak Mahindra brand name has a presence across 640 locations in India with over 1,250 branches.
ING taps on the support and cooperation of our strong international network consisting over 1,000 dedicated and experienced banking experts worldwide. This puts us in a good position to support our Indian clients’ offshore activities and facilitate their financial needs through a comprehensive range of financial solutions and transactional services, including working capital, short and long-term loans, foreign exchange, trade finance, cash management and corporate advisory services.
If you are looking for a sound partner with a long-term vision and proactive attitude that will take the time to analyse your company to offer you the financial solutions you need, then look no further. We ensure you will benefit directly from our international network and product expertise. So tell us, how can we help you?
- One of the fastest growing economies in the world
- Many financial products ranging from structured finance to general lending
- Record-breaking and award-winning bank
- Long-term vision and proactive attitude