There have been massive volumes and a hefty price rise in ING Vysya scrip over the past one month, before the Kotak Mahindra Bank merger deal. Will SEBI stir itself to enquire? Ironically, this comes at a time when SEBI has just announced new insider trading norms
Jason Monteiro
Kotak Mahindra Bank, India\'s fifth-biggest lender by market value has just announced its acquisition of ING Vysya Bank. ING Vysya shareholders will get 725 shares of Kotak for every 1,000 they own.