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<h1>RBI Approves ING Vysya Bank's Merger with Kotak Mahindra Bank Under Banking Regulation Act, Effective April 1, 2015.</h1> The Reserve Bank of India has approved the amalgamation of ING Vysya Bank Ltd. with Kotak Mahindra Bank Ltd. under the Banking Regulation Act, 1949. Effective April 1, 2015, all ING Vysya Bank branches will operate as branches of Kotak Mahindra Bank.