Analysis Of Mergers And Acquisitions In The Indian Banking Sector Under Post Liberalization Era

Analysis Of Mergers And Acquisitions In The Indian Banking Sector Under Post Liberalization Era PDF Author: Rahul KrishnajiKavishwar
Publisher: Archers & Elevators Publishing House
ISBN: 8194517044
Category : Antiques & Collectibles
Languages : en
Pages :

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Analysis Of Mergers And Acquisitions In The Indian Banking Sector Under Post Liberalization Era

Analysis Of Mergers And Acquisitions In The Indian Banking Sector Under Post Liberalization Era PDF Author: Rahul KrishnajiKavishwar
Publisher: Archers & Elevators Publishing House
ISBN: 8194517044
Category : Antiques & Collectibles
Languages : en
Pages :

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Book Description


Bank Mergers

Bank Mergers PDF Author: Jayshree Bose
Publisher:
ISBN:
Category : Bank mergers
Languages : en
Pages : 354

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Book Description
Due to liberalization, financial reforms in India have taken giant strides, particularly in banking. However, the area of strategic banking consolidation still needs attention. Consequently, Indian banks have remained mute spectators to two global mega me

Consolidation in Indian Banking Sector: Evidence and Challenges Ahead

Consolidation in Indian Banking Sector: Evidence and Challenges Ahead PDF Author: Brajesh Tiwari
Publisher:
ISBN: 9781482674026
Category : Antiques & Collectibles
Languages : en
Pages : 136

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Book Description
The Global mantra Liberalization, Privatization and Globalization (LPG) process which was started in early 1990s has brought so many changes in the economic scene of the country. This process of economic reforms has brought competition not only from India but also from Overseas. In the corporate world it is said if you can't beat your competitor then go with them i.e. merge your company with your rival or take them over. So all it boils down to is the survival of the fittest. This process helps in attaining greater market share, acquiring additional brands, cannibalizing competing brands, realizing improved infrastructure, creating new synergies, and capitalizing on efficiencies and economies of scale or to globalize in the shortest span of time. Banking system is deemed as the bloodline of any economy and banks are trustees of public money. Therefore, its depositors have higher stake in welfare and growth of banks than its shareholders. The failure of a bank has more widespread implications than a failure of a manufacturing company. The banking sector reforms, introduced in the early nineties and continued since then, from part of the overall economic reform programme aimed at improving the competitiveness and efficiency of the economic system. The banking reforms, similarly, were also aimed at making banks more efficient and viable. Because of these reforms the capital adequacy of the Indian banks is now on par with international standards. Similarly, the level of net non-performing assets has come down to very manageable levels. An issue that is in the forefront of banking reforms currently is that of bank consolidation. To meet the challenges of global economy and to face increased global competition, Indian banks are changing their strategic focus and re-orienting their operations though restructuring processes to achieve the efficiencies required to survive and integrate into global economy. Prior to 1999, the amalgamations of banks were primarily triggered by the weak financials of the banks being merged, whereas in the post-1999 period, there have also been mergers between healthy banks. However, merger of public sector healthy banks have not taken place till now. Consolidation will provide Indian banks the 'size advantage' that most foreign banks have. Recent reports on banking sector often indicate that India is slowly but surely moving from a regime of `large number of small banks' to `small number of large banks'. The Government of India and RBI has also mentioned at several occasions that an early consolidation in banking industry is needed. But before banks go in for mergers, they need to chalk out a detailed plan on how to tackle challenges such as technology integration, HR management, and many other issues into consideration. This Book "Consolidation in Indian Banking Sector: Evidence and Challenges Ahead" is a modest attempt to cover all important issues regarding M&A in Indian Banking Sector. The whole study is divided into five chapters. The first chapter: Introduction, is introductory in nature briefly traces out the evolution of Mergers and Acquisitions (M&A) in India in banking sector. The second chapter: Review of Literature; focuses on the review of related studies of mergers and acquisitions undertaken by different scholars and researchers. The third chapter: briefly discusses M&A activity in Indian Banking Industry and also covers various laws related to M&A. The fourth chapter: Mergers and Acquisitions in the Banking Industry: An Analysis -I; makes a comparison of actual and predicted values of selected variables in banks under study. With the help of statistical tools the effectiveness of M&A has been tested. The fifth chapter: Mergers and Acquisitions in the Banking Industry: An Analysis -II; analyses the performance of the selected banks by using various financial ratios.

Contribution Analysis and Adequacy of Exchange Ratios in Bank Merger Deals

Contribution Analysis and Adequacy of Exchange Ratios in Bank Merger Deals PDF Author: Sony Kuriakose
Publisher:
ISBN:
Category :
Languages : en
Pages : 25

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Book Description
Consolidation of banks through mergers and acquisitions is an important force of change taking place in the Indian banking sector. The present work investigates the fairness of valuation in bank merger deals occurred in the post-liberalization India. In contrast to the firm valuation which gives an absolute value, merger valuation is a relative valuation which is very important for both bidder and target banks. In other words, the exchange ratios fixed in the deals are very crucial as it will have a major impact on the future prospects of the acquiring bank. To check the authenticity or fairness of valuation, the study uses contribution analysis in two different ways. When the absolute ratios are considered, the deals appear more favourable to the targets as the deal values were very higher to their market capitalization. However, the study finds that target banks got underpaid and the significant increase in the share prices of target banks around the merger announcement cannot be attributed to the valuation aspects. The study is completely based on the financials of banks at the time of merger and other factors including the strategic benefits to both bidder and target banks are ignored.

Mergers & Acquisitions In Indian Banking Sector

Mergers & Acquisitions In Indian Banking Sector PDF Author: Rachit Sachdeva
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659334061
Category :
Languages : en
Pages : 60

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Book Description
The economic environment of India has changed over the past few years. Increased competition, both domestically and internationally has forced the companies to innovate and redesign their operations. In order to sustain in this ever evolving world and to achieve growth, collaboration has become increasingly important, resulting in a surge in the process of Mergers & Acquisitions. Banking is one of the most dynamic sectors of any economy and thus, this book tries to encapsulate the effects of Mergers & Acquisitions in this sector. The analysis is based on the regression results which when obtained will be used to predict the return for the stock for the second period, which in turn is used to compare with the actual return on the stock. The detailed analysis captured in this book should help shed some light on judging the effect of 'Mergers & Acquisitions in the Indian Banking Sector' and should be useful to the professionals as well as beginners looking forward to work in this field.

Impact of Mergers and Acquisitions on Financial Performance

Impact of Mergers and Acquisitions on Financial Performance PDF Author: Anurag Pahuja
Publisher:
ISBN:
Category :
Languages : en
Pages : 18

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Book Description
Mergers and acquisitions (M&As) have become an essential mechanism of Corporate Restructuring. In the past two decades, there has been an upsurge in the volume of M&A activity in diverse sectors such as finance, pharmaceuticals, telecom, FMCG and banking sector. The banking industry has also witnessed its own share of M&A activity. The paper is an attempt to analyze the effect of mergers on the pre and post merger performance of Indian Banks. Various ratios along with event study methodology have been used to find out the effect of mergers and acquisitions on the performance of acquiring firms for both pre and post-acquisition periods. The results provide no statistically significant evidence of any impact of mergers and acquisitions on the firm profitability as measured through various ratios.

Merger and Acquisition in Indian Banking Industry

Merger and Acquisition in Indian Banking Industry PDF Author: Abhishek Tripathi
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659290817
Category :
Languages : en
Pages : 120

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Book Description
The study strives to explore the impact of M&A in the banking industry in India and identify post merger integration issues in the bank mergers. The study draws from a mix of recent literature review and interpretations of observations of employees and managers. It evaluates various reasons for M&A, post merger integration problems and impact of merger and acquisition on employees in the context of CBoP and HDFC bank merger. The first objective aims at exploring the implications of the merger for the shareholders. Second objective aims at studying the impact of merger on employees. The third objective aims at identifying the post-merger integration problems and issues for bank management. Only those branches, which merged after HDFC-CBoP merger, were considered for the survey.The study reveals that problems of post merger integration are mainly concerned with differing cultures, varied and different financial practices, and variety of softwares being used by the merging entities. Secondly, the integration process involves redistribution of work and retraining of the employees on a gigantic scale. The banking mergers in future have to be prepared for these challenges before hand;

Structural Reforms in Industry, Banking and Finance

Structural Reforms in Industry, Banking and Finance PDF Author: C. Rangarajan
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 84

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Book Description
Covers the period 1992-1997.

A Study on Pre & Post Performance Evaluation of Merger and Acquisition of Selected Indian Banks

A Study on Pre & Post Performance Evaluation of Merger and Acquisition of Selected Indian Banks PDF Author: Jigna C. Trivedi
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
Indian banking sector has witnessed revolution due to tough competition from private and international counter parts. Traditional Indian banks are trying to makeover and match in terms of services provided by foreign and private counterparts. Growth and extension have become indispensable for corporate. Mergers and Acquisitions (M&As) are an easy route to achieve the twin objective. Businesses across the corporate world have only two options in hand to expand their operation and gain substantial profits. One way is to grow through internal expansion by means of introducing new technologies, altering the course of operations, enhancing work performance, and establishing new lines of products or services. Through this, the business grows gradually over time but the new strategy of external expansion has completely changed the business sector across the world. This external expansion takes place in the form of merger, acquisitions, takeovers, and amalgamations, dramatically supporting the globalization of businesses. M&A are value spinners for investors. Present paper tries to compare and evaluate the pre-merger and post- merger scenario of the selected Indian banks. Major ratios are studied to identify the overall impact of the profitability of the banks on account of mergers and acquisitions.

Multidisciplinary Students Seminar proceedings

Multidisciplinary Students Seminar proceedings PDF Author: Dr.Asha Ganesh, Chitra Narayan
Publisher: Archers & Elevators Publishing House
ISBN: 819503845X
Category : Antiques & Collectibles
Languages : en
Pages :

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