PNB Merger with OBC & P&SB: What promise does it hold?


The confusion reigning high in Indian economy currently, reminds me of the famous remark Lt. Col. Frank Slade (aka. Al Pacino) makes in the movie ‘Scent of a Woman’; “When in Doubt…. F***”! So, when PSU banks are reeling under stressed assets on one hand and government pressure to implement…

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Will Bandhan buy out of Gruh make sense?


Was Gruh buyout a desperate attempt to resolve the shareholding non compliance flag raised by RBI? Very recently (Oct 2018), RBI had restricted Bandhan from opening any further branches and had also put an hold to CEO salary for failing to bring down the owner (NOFHC) shareholding to 40% (currently…

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Birla Sun Life, Max Life Merger: The Key For BSLI To Go Big


MaxLife appears to be looking for a new suitor as its marriage with HDFC Life came to a naught due to structural challenges of merging with bank and hence lack of IRDA approval on the same. Now MaxLife has approached BSLI and the later is not minding a few weeks…

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IDFC Shriram Capital Merger: Opportunities & Challenges


The IDFC Shriram merger has the potential to catapult the IDFC from being a baby bank to a mid-sector bank but the rational for Shriram capital is not very clear. Shriram capital is one of the best names in NBFC sector and is larger than IDFC bank but what may…

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Axis Bank, Kotak Bank (KMB) Merger: The Consolidation Story!


Recently the expected merged talks between the two banks (Axis, Kotak Mahindra Bank) had hit the news headlines. Consolidation theme has been quite popular in the Indian financial services context, especially in last few years. This has been primarily driven by economic reasons with investors (especially foreign) trying to make good especially…

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Idea Vodafone merger! Collateral damage Payment bank?


RW Update: 15th Feb 2017: We have been proved true. Seems Vodafone is going to surrender its license. More at http://telecom.economictimes.indiatimes.com/news/vodafone-may-surrender-bank-licence/57159202 Original Story As Published on 28th Jan: The consolidation discussion in Telco industry is heating up. There are multiple serious discussions on potential merger of Idea with Vodafone. Seems…

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TATA AIA buy out of PNB Metlife: The Rationale?


At this point, though it is not sure whether this buy-out is really going to happen or not. While one newspaper kind off confirmed the same, another one just spoke about how this came up for the board meeting of Tata Sons. At least I am not clear whether the…

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