Mergers & Acquisitions in Indian Banking Sector

48 Pages Posted: 25 Nov 2012

See all articles by Chirag Aggarwal

Chirag Aggarwal

University of Delhi

Rachit Sachdeva

University of Delhi

Harjeet Singh

University of Delhi

Neeraj Garg

University of Delhi

Date Written: November 19, 2012

Abstract

The project aims to understand the behavior of various “Mergers and Acquisitions in Indian Banking Sector.” A large number of international and domestic banks all over the world are engaged in merger and acquisition activities. One of the principal objectives behind the mergers and acquisitions in the banking sector is to reap the benefits of economies of scale. In the recent times, there have been numerous reports in the media on the Indian Banking Industry Reports have been on a variety of topics. The topics have been ranging from issues such as user friendliness of Indian banks, preparedness of banks to meet the fast approaching Basel II deadline, increasing foray of Indian banks in the overseas markets targeting inorganic growth.

Mergers and Acquisitions is the only way for gaining competitive advantage domestically and internationally and as such the whole range of industries are looking to strategic acquisitions within India and abroad. In order to attain the economies of scale and also to combat the unhealthy competition within the sector besides emerging as a competitive force to reckon with in the International economy. Consolidation of Indian banking sector through mergers and acquisitions on commercial considerations and business strategies – is the essential pre-requisite. Today, the banking industry is counted among the rapidly growing industries in India. It has transformed itself from a sluggish business entity to a dynamic industry. The growth rate in this sector is remarkable and therefore, it has become the most preferred banking destinations for international investors. In the last two decade, there have been paradigm shift in Indian banking industries. The Indian banking sector is growing at an astonishing pace. A relatively new dimension in the Indian banking industry is accelerated through mergers and acquisitions. It will enable banks to achieve world class status and throw greater value to the stakeholders.

Keywords: Merger, Acquisition, Banking, Growth

Suggested Citation

Aggarwal, Chirag and Sachdeva, Rachit and Singh, Harjeet and Garg, Neeraj, Mergers & Acquisitions in Indian Banking Sector (November 19, 2012). Available at SSRN: https://ssrn.com/abstract=2178051 or http://dx.doi.org/10.2139/ssrn.2178051

Chirag Aggarwal

University of Delhi ( email )

University Road
Kirti Nagar
Delhi, DE New Delhi 110 007
India

Rachit Sachdeva (Contact Author)

University of Delhi ( email )

Delhi, 110007
India

HOME PAGE: http://www.du.ac.in

Harjeet Singh

University of Delhi ( email )

University Road
Kirti Nagar
Delhi, DE New Delhi 110 007
India

Neeraj Garg

University of Delhi ( email )

University Road
Kirti Nagar
Delhi, DE New Delhi 110 007
India

Register to save articles to
your library

Register

Paper statistics

Downloads
4,403
Abstract Views
14,961
rank
1,841
PlumX Metrics